Rackspace Reports Solid First Quarter Revenue and Margins
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CLSA Downgrades Rackspace (RAX) to Outperform
May 12, 2015 7:39 AM EDTCLSA downgraded Rackspace (NYSE: RAX) from Buy to Outperform.
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 $53.13 yesterday.
... MoreMorgan Stanley Downgrades Rackspace (RAX) to Equalweight
May 12, 2015 6:53 AM EDTMorgan Stanley downgraded Rackspace (NYSE: RAX) from Overweight to Equalweight with a price target of $49.00 (from $55.00).
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 $53.13 yesterday.
... MoreRackspace (RAX) Posts Q1 EPS of 20c
May 11, 2015 4:02 PM EDT(Updated - May 11, 2015 4:32 PM EDT)
Rackspace (NYSE: RAX) reported Q1 EPS of $0.20, versus the analyst estimate of $0.20. Revenue for the quarter came in at $480.2 million versus the consensus estimate of $481 million.
Adjusted EBITDA for the quarter was $161 million, up 15.5 percent from... More
