Rackspace (RAX) halted for trading with recent takeover rumors surrounding the company
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Raymond James Downgrades Rackspace (RAX) to Underperform
August 30, 2016 8:01 AM EDTRaymond James downgraded Rackspace (NYSE: RAX) from Outperform to Underperform.
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 $31.46 yesterday.
... MoreNeedham & Company Maintains 'Hold' Rating on Rackspace (RAX) Amid Merger; Still Sees Business Ramp Taking Years
August 26, 2016 11:38 AM EDTNeedham & Company affirms Rackspace Hosting (NYSE: RAX) at Hold following news that Apollo Group would acquire the company for $32 per share.
The firm commented, When the history is finally written on RAX as a public company we suspect it will largely read... More
Rackspace (RAX) Sees Sharp Gains on Continued Takeover Speculation
August 25, 2016 2:23 PM EDTRackspace (NYSE: RAX) is seeing solid mid-day gains on continued takeover speculation, with private equity firms said to be interested.
Shares are up 7% to $29.50.
... More
