Morgan Stanley Maintains Equal-Weight on Rapid7, Lowers Price Target to $103
Morgan Stanley maintains Rapid7 (NASDAQ:RPD) with a Equal-Weight and lowers the price target from $106 to $103.
10 Tech Predictions For 2022: Nasdaq At 19K, Apple AR/VR Glasses, Metaverse Becomes Reality And More
Notwithstanding near-term weakness, tech stocks are on a multiyear rally, giving rise to fears of a long-overdue correction, Wedbush analyst Daniel Ives said in a note.
The near-term sell-off, the analyst said, is a painful digestion period, along with a reaction to omicron fears.
Analyst Ratings For Rapid7
Analysts have provided the following ratings for Rapid7 (NASDAQ:RPD) within the last quarter:
Morgan Stanley Maintains Equal-Weight on Rapid7, Raises Price Target to $106
Morgan Stanley maintains Rapid7 (NASDAQ:RPD) with a Equal-Weight and raises the price target from $97 to $106.
RBC Capital Maintains Outperform on Rapid7, Raises Price Target to $157
RBC Capital analyst Matthew Hedberg maintains Rapid7 (NASDAQ:RPD) with a Outperform and raises the price target from $150 to $157.
Keybanc Maintains Overweight on Rapid7, Raises Price Target to $162
Keybanc analyst Michael Turits maintains Rapid7 (NASDAQ:RPD) with a Overweight and raises the price target from $141 to $162.
Earnings Scheduled For November 3, 2021
Companies Reporting Before The Bell
• R.R.Donnelley & Sons (NYSE:RRD) is likely to report quarterly earnings at $0.32 per share on revenue of $1.19 billion.
Expert Ratings For Rapid7
Rapid7 (NASDAQ:RPD) has observed the following analyst ratings within the last quarter:
RBC Capital Maintains Outperform on Rapid7, Raises Price Target to $150
RBC Capital analyst Matthew Hedberg maintains Rapid7 (NASDAQ:RPD) with a Outperform and raises the price target from $138 to $150.
Mizuho Maintains Buy on Rapid7, Raises Price Target to $138
Mizuho analyst Gregg Moskowitz maintains Rapid7 (NASDAQ:RPD) with a Buy and raises the price target from $125 to $138.