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TipRanksStock Market NewsRPD NewsAnalysts Offer Insights on Technology Companies: Rapid7 (RPD), OptimizeRx (OPRX) and Uber Technologies (UBER)
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Analysts Offer Insights on Technology Companies: Rapid7 (RPD), OptimizeRx (OPRX) and Uber Technologies (UBER)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Rapid7 (RPDResearch Report), OptimizeRx (OPRXResearch Report) and Uber Technologies (UBERResearch Report) with bullish sentiments.

Rapid7 (RPD)

In a report issued on August 4, Matthew Hedberg from RBC Capital maintained a Buy rating on Rapid7, with a price target of $138.00. The company’s shares closed last Friday at $112.49, close to its 52-week high of $120.00.

According to TipRanks.com, Hedberg is a top 25 analyst with an average return of 35.6% and a 78.2% success rate. Hedberg covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Zoom Video Communications, and Palantir Technologies.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Rapid7 with a $125.42 average price target, which is an 11.5% upside from current levels. In a report issued on August 2, KeyBanc also initiated coverage with a Buy rating on the stock with a $135.00 price target.

See today’s analyst top recommended stocks >>

OptimizeRx (OPRX)

RBC Capital analyst Sean Dodge maintained a Buy rating on OptimizeRx on August 4 and set a price target of $67.00. The company’s shares closed last Friday at $64.54, close to its 52-week high of $68.39.

According to TipRanks.com, Dodge is a 4-star analyst with an average return of 9.1% and a 54.3% success rate. Dodge covers the Technology sector, focusing on stocks such as Tabula Rasa HealthCare, NextGen Healthcare, and Change Healthcare.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for OptimizeRx with a $95.00 average price target, implying a 41.8% upside from current levels. In a report issued on August 5, B.Riley Financial also maintained a Buy rating on the stock with a $95.00 price target.

Uber Technologies (UBER)

In a report issued on August 4, Brad Erickson from RBC Capital maintained a Buy rating on Uber Technologies, with a price target of $65.00. The company’s shares closed last Friday at $44.28.

According to TipRanks.com, Erickson is a 5-star analyst with an average return of 41.0% and a 62.3% success rate. Erickson covers the Technology sector, focusing on stocks such as Fiverr International, Zillow Group Class A, and Squarespace.

Currently, the analyst consensus on Uber Technologies is a Strong Buy with an average price target of $68.76, a 57.2% upside from current levels. In a report issued on August 2, Gordon Haskett Capital Corporation also initiated coverage with a Buy rating on the stock with a $65.00 price target.

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