Rapid7 Announces Second Quarter 2024 Financial Results

Go back to Rapid7 Announces Second Quarter 2024 Financial Results

Stifel Reiterates Buy Rating on Rapid7 (RPD)

August 7, 2024 9:34 AM EDT

Stifel analyst Brad Reback reiterated a Buy rating and $48.00 price target on Rapid7 (NASDAQ: RPD).

The analyst comments "This morning, we received client questions seeking more clarity on management's 3Q NNARR guidance, which called for "a high single-digit sequential increase in... More

Rapid7 (RPD) PT Raised to $40 at JPMorgan

August 7, 2024 5:21 AM EDT

JPMorgan analyst Brian Essex raised the price target on Rapid7 (NASDAQ: RPD) to $40.00 (from $39.00) while maintaining a Neutral rating.

The analyst comments "Signs of stability as we look for better traction. Rapid7 revenue slightly over consensus expectations with ARR in-line, but profitability and FCF were meaningfully better than expected. In addition to the better performance, channel... More