Rackspace Technology Reports First Quarter 2024 Results

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Rackspace Technology Inc. (RXT) PT Raised to $1.80 at UBS

May 10, 2024 7:02 AM EDT

UBS analyst Kevin McVeigh raised the price target on Rackspace Technology Inc. (NASDAQ: RXT) to $1.80 (from $1.65) while maintaining a Neutral rating.

The analyst comments "We think the RTX stock could continue climbing following its Q124 beat amid a mixed Q2 guide given... More