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Rapid7 (NASDAQ:RPD) Given New $12.00 Price Target at JPMorgan Chase & Co.
['Mitch Edgeman']
Markets Daily
Rapid7 (NASDAQ:RPD – Get Free Report) had its price target boosted by research analysts at JPMorgan Chase & Co. from $7.00 to $12.00 in a research note issued to investors on Tuesday,Benzinga reports.
JPMorgan Chase & Co.‘s target price would suggest a potential downside of 17.67% from the stock’s previous close.
Barclays increased their target price on Rapid7 from $6.50 to $12.00 and gave the company an “underweight” rating in a research report on Tuesday.
Weiss Ratings reissued a “sell (d)” rating on shares of Rapid7 in a research report on Wednesday, June 24th.
Seventeen equities research analysts have rated the stock with a Hold rating and four have issued a Sell rating to the company’s stock.