Barclays Maintains Equal-Weight on Rapid7, Lowers Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Saket Kalia maintains an Equal-Weight rating on Rapid7 (NASDAQ:RPD) and lowers the price target from $60 to $49.
May 08, 2024 | 6:13 pm
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Barclays maintains an Equal-Weight rating on Rapid7 and lowers the price target from $60 to $49.
The reduction in price target by Barclays, a significant financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in Rapid7's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100