Rapid7, Inc. (RPD) Tops Q3 EPS by 4c, Revenues Beat; Offers FY20 Revenue Guidance Above Consensus, Raises FY20 ARR Outlook

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Go back to Rapid7, Inc. (RPD) Tops Q3 EPS by 4c, Revenues Beat; Offers FY20 Revenue Guidance Above Consensus, Raises FY20 ARR Outlook

Rapid7 (RPD) PT Raised to $80 at Mizuho Securities

November 5, 2020 7:17 AM EST

Mizuho Securities analyst Gregg Moskowitz raised the price target on Rapid7 (NASDAQ: RPD) to $80.00 (from $75.00) while maintaining a Neutral rating.

The analyst commented, "RPD reported a good 3Q, led by ARR growth of 29% Y/Y vs. our 27% forecast. Moreover, RPD again raised its... More