Rapid7, Inc. (RPD) Tops Q1 EPS by 1c

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Go back to Rapid7, Inc. (RPD) Tops Q1 EPS by 1c

Rapid7 (RPD) PT Raised to $38 at RBC Capital; 'ARR highlights building momentum'

May 9, 2018 8:38 AM EDT

RBC Capital raised its price target on Rapid7 (NASDAQ: RPD) to $38.00 (from $35.00) while maintaining a Outperform rating.

Analyst Matthew Swanson commented, "The momentum is building as Rapid7 continues to execute on its transition to recurring revenue with strength in cross-selling the Insight... More