Rapid7 (RPD) PT Raised to $40 at Susquehanna
Susquehanna raised its price target on Rapid7 (NASDAQ: RPD) to $40.00 (from $37.00) while maintaining a Positive rating following results.
Analyst Anne Meisner commented, "Rapid continues to show impeccable execution on its subscription transition, which is driving accelerating ARR, and in turn drives our estimates and price target higher."