Form 8-K Rackspace Technology, For: Nov 09

Go back to Form 8-K Rackspace Technology, For: Nov 09

Rackspace Technology Inc. (RXT) PT Lowered to $6 at BMO Capital

November 10, 2022 5:01 PM EST

BMO Capital analyst Keith Bachman lowered the price target on Rackspace Technology Inc. (NASDAQ: RXT) to $6.00 (from $7.00) while maintaining a Market Perform rating following earnings.

The analyst commented, "We thought Rackspace delivered solid results against low expectations though the company is still... More