Expert Ratings for Rackspace Tech
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 5 analysts have published their opinion on Rackspace Tech (NASDAQ:RXT) stock. The analysts have an average price target of $3.23 versus the current price of Rackspace Tech at $1.34, implying upside. This current average has increased by 15.77% from the previous average price target of $2.79.
October 23, 2023 | 8:00 pm
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POSITIVE IMPACT
Analysts predict an upside for Rackspace Tech (NASDAQ:RXT) with an average price target of $3.23, which is significantly higher than its current price of $1.34.
The average price target given by analysts is significantly higher than the current price of Rackspace Tech's stock. This implies that they expect the stock to rise in the future, which could have a positive impact on its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100