Analyst Ratings for Rackspace Tech
Portfolio Pulse from Benzinga Insights
Rackspace Tech (NASDAQ:RXT) has received mixed analyst ratings in the last quarter, with 1 somewhat bullish, 1 indifferent, 2 somewhat bearish, and 1 bearish. The average price target is $2.2, representing a 10.93% decrease from the previous average price target of $2.47.
July 25, 2023 | 9:00 pm
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Rackspace Tech has received mixed analyst ratings, with a lower average price target, suggesting potential downside.
The mixed analyst ratings, including 2 somewhat bearish and 1 bearish, along with a lower average price target, suggest that the stock may face downward pressure in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100