Mizuho Maintains Neutral on Rapid7, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Gregg Moskowitz maintains a Neutral rating on Rapid7 (NASDAQ:RPD) and raises the price target from $52 to $55.
October 16, 2023 | 4:10 pm
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NEUTRAL IMPACT
Mizuho maintains a Neutral rating on Rapid7 and raises the price target from $52 to $55.
The news is directly about Rapid7. Mizuho's neutral rating suggests that they do not expect significant price movement in the short term. However, the increase in price target could be seen as a positive signal, potentially leading to a slight increase in investor confidence.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100