Where Rapid7 Stands With Analysts
Portfolio Pulse from Benzinga Insights
In the last quarter, Rapid7 (NASDAQ:RPD) received 3 somewhat bullish and 3 indifferent analyst ratings. The company's average 12-month price target is $52.0, down 5.02% from the previous average of $54.75.
June 07, 2023 | 2:03 pm
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Rapid7 received mixed analyst ratings in the last quarter, with an average 12-month price target of $52.0, down 5.02% from the previous average.
The mixed analyst ratings for Rapid7 indicate uncertainty in the stock's short-term performance. The decrease in the average 12-month price target suggests that analysts have lowered their expectations for the stock, which could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100