Citigroup Maintains Neutral on Rapid7, Raises Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Fatima Boolani maintains a Neutral rating on Rapid7 (NASDAQ:RPD) and raises the price target from $50 to $54.
August 30, 2023 | 5:50 pm
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NEUTRAL IMPACT
Citigroup maintains a Neutral rating on Rapid7 and raises the price target from $50 to $54.
The news is directly about Rapid7 and is likely to influence investor sentiment. However, as the rating remains Neutral, the impact on the stock price is uncertain. The raised price target may indicate a positive outlook, but it's not a strong buy signal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100