Form 8-K Rapid7, Inc. For: Nov 06
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Rapid7 (RPD) PT Lowered to $50 at Citi
November 7, 2024 5:30 AM ESTCiti analyst Fatima Boolani lowered the price target on Rapid7 (NASDAQ: RPD) to $50.00 (from $52.00) while maintaining a Buy rating.
The analyst comments "Muted ARR 6% YoY frustrates (+$7M NNARR shrunk QoQ despite presumed CRWD outage deal-slippage), overshadowing sharp OPM/EPS upside... More
