Rapid7 Announces First Quarter 2024 Financial Results
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Rapid7 (RPD) PT Lowered to $57 at RBC Capital
May 8, 2024 6:30 AM EDTRBC Capital analyst Matthew Hedberg lowered the price target on Rapid7 (NASDAQ: RPD) to $57.00 (from $70.00) while maintaining a Outperform rating.
The analyst comments "Rapid7 delivered mixed Q1/24 results with ARR coming in lower than expectations and CY/24 guidance being lowered for ARR and revenue... More
Rapid7 (RPD) PT Lowered to $65 at UBS
May 8, 2024 6:05 AM EDTUBS analyst Roger Boyd lowered the price target on Rapid7 (NASDAQ: RPD) to $65.00 (from $70.00) while maintaining a Buy rating.
The analyst comments "RPD delivered disappointing 1Q24 results, as 1Q24 ARR missed expectations ($807m vs UBSe/St. of $817m), and the company... More
Rapid7 (RPD) PT Raised to $54 at DA Davidson
May 8, 2024 5:20 AM EDTDA Davidson analyst Rudy Kessinger raised the price target on Rapid7 (NASDAQ: RPD) to $54.00 (from $42.00) while maintaining a Neutral rating.
The analyst comments "Q1 ARR of $807.2M was well short of cons. of $816.8M as NNARR of just $1.5M was -89%... More
