Needham analyst Alex Henderson maintained a Hold rating on Rapid7 (RPD – Research Report) today. The company’s shares opened today at $40.00.
According to TipRanks, Henderson is a 5-star analyst with an average return of 15.0% and a 56.25% success rate. Henderson covers the Technology sector, focusing on stocks such as Okta, Ciena, and Rapid7.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rapid7 with a $43.54 average price target.
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The company has a one-year high of $118.25 and a one-year low of $26.49. Currently, Rapid7 has an average volume of 1.15M.
Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of RPD in relation to earlier this year.
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Rapid7, Inc. engages in the provision of cyber security analytics and automation services. Its product includes insight platform, which offers InsightVM, InsightIDR, InsightAppSec, and InsightConnect. The company was founded by Alan P. Matthews, Tas Giakouminakis and Chad Loder in July 2000 and is headquartered in Boston, MA.
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