Worth Watching: How Analysts Feel About Rapid7 Inc After Today’s Huge Increase?

Worth Watching: How Analysts Feel About Rapid7 Inc After Today's Huge Increase?

The stock of Rapid7 Inc (NASDAQ:RPD) is a huge mover today! About 148,375 shares traded hands. Rapid7 Inc (NASDAQ:RPD) has declined 3.25% since April 22, 2016 and is downtrending. It has underperformed by 8.66% the S&P500.
The move comes after 5 months positive chart setup for the $521.83M company. It was reported on Nov, 25 by Barchart.com. We have $12.91 PT which if reached, will make NASDAQ:RPD worth $41.75M more.

Analysts await Rapid7 Inc (NASDAQ:RPD) to report earnings on February, 8. They expect $-0.30 EPS, up 41.18% or $0.21 from last year’s $-0.51 per share. After $-0.23 actual EPS reported by Rapid7 Inc for the previous quarter, Wall Street now forecasts 30.43% negative EPS growth.

Rapid7 Inc (NASDAQ:RPD) Ratings Coverage

Out of 8 analysts covering Rapid7 (NASDAQ:RPD), 7 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 88% are positive. Rapid7 has been the topic of 15 analyst reports since August 11, 2015 according to StockzIntelligence Inc. Barclays Capital maintained the shares of RPD in a report on Thursday, February 11 with “Overweight” rating. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, August 9. On Tuesday, August 11 the stock rating was initiated by Cowen & Co with “Outperform”. The stock has “Outperform” rating given by Raymond James on Tuesday, August 11. William Blair initiated the stock with “Outperform” rating in Tuesday, August 11 report. Barclays Capital initiated it with “Equal-Weight” rating and $24 target price in Tuesday, August 11 report. Pacific Crest initiated the stock with “Overweight” rating in Tuesday, August 11 report. The rating was initiated by Morgan Stanley with “Equal-Weight” on Tuesday, August 11. The rating was upgraded by Barclays Capital on Friday, October 9 to “Overweight”. The firm has “Buy” rating by Rosenblatt given on Friday, August 26.

According to Zacks Investment Research, “Rapid7, Inc. offers security data and analytics solutions. The Company provides solutions which consist of threat exposure management, incident detection and response solutions as well as security advisory services. Rapid7, Inc. is based in Boston, United States.”

More recent Rapid7 Inc (NASDAQ:RPD) news were published by: Marketwatch.com which released: “Plus the latest data from Realtor.com on 21 home markets across the US” on June 17, 2015. Also Streetinsider.com published the news titled: “Rapid7, Inc. (RPD) Promotes Andrew Burton to COO” on October 04, 2016. Quotes.Wsj.com‘s news article titled: “News Rapid7 Inc.RPD” with publication date: July 10, 2015 was also an interesting one.

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