Canaccord Genuity Maintains Hold on Rapid7, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Michael Walkley maintains a 'Hold' rating on Rapid7 (NASDAQ:RPD) and raises the price target from $45 to $52.
August 24, 2023 | 4:57 pm
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NEUTRAL IMPACT
Canaccord Genuity maintains a 'Hold' rating on Rapid7 and raises the price target from $45 to $52, which could potentially influence the stock's performance.
The news directly pertains to Rapid7 (RPD) as the analyst from Canaccord Genuity maintains a 'Hold' rating and raises the price target. This could influence investor sentiment and potentially impact the stock's performance. However, the 'Hold' rating suggests that the stock is expected to perform in line with the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100