Jefferies initiated coverage of Rapid7 with a Buy rating and $50 price target The firm favors Rapid7 in the exposure management software group, saying it has an “appealing” valuation coupled with the most immediate potential beyond the core vulnerability management. Rapid7 has the broadest and most established platform outside of the core vulnerability management, the analyst tells investors in a research note. Jefferies sees upside from improved execution.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RPD:
- DA Davidson enterprise security analysts hold analyst/industry conference call
- Rapid7 adds third-party detections for defensed in-depth with MTC
- DA Davidson analysts hold an analyst/industry conference call
- Rapid7 downgraded to Sector Perform from Outperform at RBC Capital
- Rapid7 introduces Vector Command service
Questions or Comments about the article? Write to editor@tipranks.com