JP Morgan Maintains Neutral on Rapid7, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Essex maintains a Neutral rating on Rapid7 (NASDAQ:RPD) and lowers the price target from $61 to $60.

February 08, 2024 | 10:10 pm
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NEUTRAL IMPACT
JP Morgan analyst Brian Essex maintains a Neutral rating on Rapid7 and lowers the price target from $61 to $60.
The adjustment in price target by JP Morgan reflects a slight negative sentiment towards Rapid7's short-term stock price potential, but the maintenance of a Neutral rating suggests that the overall outlook remains unchanged. This could lead to a neutral short-term impact on Rapid7's stock price as the market digests this new price target.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90