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(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
(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
(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
(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
(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 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 (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.
... MoreRackspace 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.
... MoreRackspace 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.
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