Jefferies Initiates Coverage On Rapid7 with Buy Rating, Announces Price Target of $50
Portfolio Pulse from Benzinga Newsdesk
Jefferies has initiated coverage on Rapid7 with a Buy rating and set a price target of $50.
October 16, 2024 | 1:36 pm
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POSITIVE IMPACT
Jefferies analyst Joseph Gallo has initiated coverage on Rapid7 with a Buy rating and a price target of $50, indicating a positive outlook for the stock.
The initiation of coverage with a Buy rating and a specific price target by a reputable analyst can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100