Form 8-K Rapid7, Inc. For: Aug 06

Go back to Form 8-K Rapid7, Inc. For: Aug 06

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 $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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