Mizuho Maintains Neutral on Rapid7, Lowers Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Gregg Moskowitz maintains a Neutral rating on Rapid7 (NASDAQ:RPD) and lowers the price target from $62 to $47.
May 08, 2024 | 12:02 pm
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Mizuho analyst Gregg Moskowitz maintains a Neutral rating on Rapid7 and lowers the price target from $62 to $47.
The reduction in price target by Mizuho suggests a bearish outlook on the stock's short-term price potential, likely due to anticipated underperformance or market conditions that could negatively impact Rapid7's stock price.
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