Truist Securities Maintains Hold on Rapid7, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Rapid7 while lowering its price target from $45 to $40.
October 23, 2024 | 2:13 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Truist Securities has maintained a Hold rating on Rapid7 and reduced its price target from $45 to $40, indicating a cautious outlook.
The reduction in price target from $45 to $40 by Truist Securities suggests a less optimistic view on Rapid7's short-term performance. Maintaining a Hold rating indicates that the analyst does not see significant upside potential at the moment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100