Credit Suisse Maintains Outperform on Rackspace Tech, Raises Price Target to $4.15
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Kevin Mcveigh maintains an Outperform rating on Rackspace Tech (NASDAQ:RXT) and raises the price target from $3.5 to $4.15.
August 07, 2023 | 12:05 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Credit Suisse maintains an Outperform rating on Rackspace Tech and raises the price target from $3.5 to $4.15, which could lead to a positive market reaction.
The raised price target by Credit Suisse indicates a positive outlook for Rackspace Tech. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100