Jefferies Upgrades Rackspace (RAX) to Buy

August 8, 2012 12:03 PM EDT Send to a Friend
Get Alerts RAX Hot Sheet
Price: $37.65 --0%

Rating Summary:
    8 Buy, 17 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 1 | New: 1
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Earlier, Jefferies upgraded Rackspace (NYSE: RAX) from Hold to Buy with a price target of $65.00.

For an analyst ratings summary and ratings history on Rackspace click here. For more ratings news on Rackspace click here.

Shares of Rackspace closed at $49.30 yesterday, with a 52 week range of $30.34-$60.55.


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