Rapid7, Inc. (RPD) Tops Q2 EPS by 6c, Revenues Beat; Offers FY18 EPS/Revenue Outlook

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Go back to Rapid7, Inc. (RPD) Tops Q2 EPS by 6c, Revenues Beat; Offers FY18 EPS/Revenue Outlook

Rapid7 (RPD) PT Raised to $40 at RBC Capital

August 7, 2018 8:08 AM EDT

RBC Capital raised its price target on Rapid7 (NASDAQ: RPD) to $40.00 (from $38.00) while maintaining an Outperform rating following results.

Analyst Matthew Hedberg said momentum continues to build as Rapid7 steadily executes and even accelerates the recurring revenue transition.

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Rapid7 (RPD) PT Raised to $42 at Stifel

August 7, 2018 7:36 AM EDT

Stifel raised its price target on Rapid7 (NASDAQ: RPD) to $42.00 (from $36.00) while maintaining a Buy rating.

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Rapid7 (RPD) PT Raised to $32 at Morgan Stanley

August 7, 2018 7:13 AM EDT

Morgan Stanley raised its price target on Rapid7 (NASDAQ: RPD) to $32.00 (from $30.00) while maintaining a Equalweight rating.

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Rapid7 (RPD) PT Raised to $40 at Susquehanna

August 7, 2018 6:42 AM EDT

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."

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Rapid7 (RPD) PT Raised to $37 at Barclays

August 7, 2018 3:56 AM EDT

Barclays raised its price target on Rapid7 (NASDAQ: RPD) to $37.00 (from $36.00) while maintaining a Overweight rating.

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