Rapid7 ( NASDAQ:RPD – Get Free Report ) had its price target raised by research analysts at Scotiabank from $10.15 to $14.50 in a research note issued on Thursday, Benzinga reports. The brokerage presently has a “sector perform” rating on the technology company’s stock. Scotiabank ‘s price target indicates a potential downside of 6.79% from the stock’s previous close.
Several other equities research analysts have also commented on RPD. Robert W. Baird increased their price objective on shares of Rapid7 from $8.00 to $10.00 and gave the company a “neutral” rating in a research note on Tuesday, August 11th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $12.00 target price on shares of Rapid7 in a report on Tuesday, August 11th. Wall Street Zen raised Rapid7 from a “hold” rating to a “buy” rating in a report on Saturday, October 3rd. Mizuho increased their price target on Rapid7 from $11.00 to $13.00 and gave the company a “neutral” rating in a research report on Thursday, October 15th. Finally, JPMorgan Chase & Co. lowered Rapid7 from a “neutral” rating to an “underweight” rating and set a $12.00 price target on the stock. in a report on Tuesday, September 15th. O...