Rapid7, Inc. (RPD) Tops Q2 EPS by 24c; Guides Narrow Q3 Loss
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Cowen Raises Price Target on Rapid7, Inc. (RPD) to $28 Following 2Q Earnings Results
August 19, 2015 6:53 AM EDTCowen reiterated an Outperform rating on Rapid7 (NASDAQ: RPD), and raised the price target to $28.00 (from $26.00), following the company's 2Q15 earnings results. RPD reported 2Q billings of $35m, easily beating the Street's $28m estimate. Revenue of $26m exceeded the Street's $24m estimate. 3Q... More
