JP Morgan Maintains Neutral on Rapid7, Lowers Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Essex maintains a Neutral rating on Rapid7 (NASDAQ:RPD) but lowers the price target from $46 to $39.
August 02, 2024 | 1:12 pm
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JP Morgan analyst Brian Essex maintains a Neutral rating on Rapid7 but lowers the price target from $46 to $39.
The lowered price target from $46 to $39 by JP Morgan suggests a less optimistic outlook for Rapid7, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100