Rapid7, Inc. (RPD) Tops Q2 EPS by 6c, Revenues Beat

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Go back to Rapid7, Inc. (RPD) Tops Q2 EPS by 6c, Revenues Beat

Rapid7 (RPD) PT Raised to $70 at Mizuho Securities

August 7, 2020 8:22 AM EDT

Mizuho Securities analyst Gregg Moskowitz raised the price target on Rapid7 (NASDAQ: RPD) to $70.00 (from $60.00) while maintaining a Buy rating.

The analyst commented, "RPD reported a better than expected 2Q, led by ARR growth of 31% Y/Y that was significantly above our ~23% forecast. RPD's... More