Rapid7 adds three new board directors in settlement with Jana Partners

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Wolfe Research Out Positive on Rapid7 (RPD)

March 24, 2025 10:04 AM EDT

Wolfe Research analyst Joshua Tilton reiterated an Outperform rating and $31.00 price target on Rapid7 (NASDAQ: RPD)

The analyst comments "What Happened? On Monday morning, news broke that RPD officially entered into a cooperation agreement with JANA Partners while also naming three new members to its Board of Directors, expanding the total to 11 board members. On the... More