Morgan Stanley Maintains Equal-Weight on Rapid7, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Erin Wilson maintains an Equal-Weight rating on Rapid7 (NASDAQ:RPD) and raises the price target from $48 to $52.
August 09, 2023 | 1:59 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Morgan Stanley maintains an Equal-Weight rating on Rapid7 and raises the price target from $48 to $52.
The raised price target by Morgan Stanley indicates a positive outlook for Rapid7. This could potentially lead to an increase in the stock price in the short term as it signals the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100