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Apollo Global to Acquire Rackspace (RAX) in $4.3B Deal

Go back to Apollo Global to Acquire Rackspace (RAX) in $4.3B Deal

Raymond James Downgrades Rackspace (RAX) to Underperform

August 30, 2016 8:01 AM EDT

Raymond 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.

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Tigress Financial Partners Downgrades Rackspace (RAX) to Neutral

August 29, 2016 11:03 AM EDT

Tigress Financial Partners downgraded Rackspace (NYSE: RAX) from Strong Buy to Neutral.

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 $31.50 yesterday.

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Wells Fargo Downgrades Rackspace (RAX) to Market Perform

August 29, 2016 6:42 AM EDT

Wells Fargo downgraded Rackspace (NYSE: RAX) from Outperform to Market Perform.

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 $31.50 yesterday.

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JMP Securities Downgrades Rackspace (RAX) to Market Perform

August 26, 2016 12:56 PM EDT

JMP Securities downgraded Rackspace (NYSE: RAX) from Market Outperform to Market Perform.

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 $30.19 yesterday.

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Needham & Company Maintains 'Hold' Rating on Rackspace (RAX) Amid Merger; Still Sees Business Ramp Taking Years

August 26, 2016 11:38 AM EDT

Needham & 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

William Blair Downgrades Rackspace (RAX) to Market Perform

August 26, 2016 11:12 AM EDT

William Blair downgraded Rackspace (NYSE: RAX) from Outperform to Market Perform.

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 $30.19 yesterday.

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Rackspace (RAX) halted for trading with recent takeover rumors surrounding the company

August 26, 2016 8:40 AM EDT

Rackspace (NYSE: RAX) halted for trading with recent takeover rumors surrounding the company

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Rackspace (RAX) Sees Sharp Gains on Continued Takeover Speculation

August 25, 2016 2:23 PM EDT

Rackspace (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.

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