UPDATE: JPMorgan Starts Rackspace Technology Inc. (RXT) at Overweight

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UPDATE: Barclays Starts Rackspace Technology Inc. (RXT) at Overweight

August 31, 2020 4:35 AM EDT

(Updated - August 31, 2020 5:34 AM EDT)

(updating comment)

Barclays analyst Raimo Lenschow initiates coverage on Rackspace Technology Inc. (NASDAQ: RXT) with a Overweight rating and a price target of $24.00.

The analyst comments "Why we like RXT: 1) Well aligned to a large multicloud TAM... More

UPDATE: Credit Suisse Starts Rackspace Technology Inc. (RXT) at Outperform

August 31, 2020 4:30 AM EDT

(Updated - August 31, 2020 5:27 AM EDT)

(correcting rating action, updating comment)

Credit Suisse analyst Matthew Cabral initiates coverage on Rackspace Technology Inc. (NASDAQ: RXT) at Outperform, PT $27.00.

The analyst comments "We believe that hybrid cloud represents the steady-state outlook for... More

UPDATE: RBC Capital Starts Rackspace Technology Inc. (RXT) at Outperform

August 31, 2020 3:03 AM EDT

(Updated - August 31, 2020 5:38 AM EDT)

(updating comment)

RBC Capital analyst Daniel Perlin initiates coverage on Rackspace Technology Inc. (NASDAQ: RXT) with a Outperform rating and a price target of $29.00.

The analyst comments "We are initiating coverage with an Outperform... More

UPDATE: Goldman Sachs Starts Rackspace Technology Inc. (RXT) at Buy

August 31, 2020 3:03 AM EDT

(Updated - August 31, 2020 5:25 AM EDT)

(updating comment)

Goldman Sachs analyst Heather Bellini initiates coverage on Rackspace Technology Inc. (NASDAQ: RXT) with a Buy rating and a price target of $44.00.

The analyst comments "The COVID- 19 pandemic has accelerated cloud transformation as customers... More

UPDATE: BMO Capital Starts Rackspace Technology Inc. (RXT) at Outperform

August 31, 2020 3:02 AM EDT

(Updated - August 31, 2020 5:28 AM EDT)

(updating comment)

BMO Capital analyst Keith Bachman initiates coverage on Rackspace Technology Inc. (NASDAQ: RXT) with a Outperform rating and a price target of $23.00.

The analyst comments "We believe that Rackspace is well positioned... More

Evercore ISI Starts Rackspace Technology Inc. (RXT) at Outperform

August 30, 2020 7:39 PM EDT

Evercore ISI analyst Amit Daryanani initiates coverage on Rackspace Technology Inc. (NASDAQ: RXT) with a Outperform rating and a price target of $24.00.


For an analyst ratings summary and ratings history on Rackspace Technology Inc.... More

Rackspace Technology (RXT) call put ratio 104 calls to 1 put with focus on September 22.50 calls

August 28, 2020 9:58 AM EDT

Rackspace Technology (NASDAQ: RXT) September call option implied volatility is at 94, October is at 91; compared to its 5-week range of 81 to 146 into the expected release of quarter results on August 31. Call put ratio 104 calls to 1 put with focus on September 22.50 calls.

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Rackspace Technology (RXT) September calls active

August 28, 2020 4:13 AM EDT

Rackspace Technology (NASDAQ: RXT) September call option implied volatility is at 84, October is at 81; compared to its 5-week range of 81 to 146 into the expected release of quarter results on August 31. Call put ratio 17 calls to 1 put with focus on September 20 calls.

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Rackspace Technology (RXT) call put ratio 18 calls to 1 put with focus on September 20 calls

August 27, 2020 2:16 PM EDT

Rackspace Technology (NASDAQ: RXT) September call option implied volatility is at 85, October is at 79; compared to its 5-week range of 81 to 146 into the expected release of quarter results on August 31. Call put ratio 18 calls to 1 put with focus on September 20 calls.

... More