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In a report released yesterday, Marshall Senk from Rosenblatt Securities maintained a Buy rating on Rapid7 (NASDAQ: RPD), with a price target of $37. The company’s shares opened today at $32.04, close to its 52-week high of $33.70.
According to TipRanks.com, Senk is a 5-star analyst with an average return of 30.1% and a 84.6% success rate. Senk covers the Technology sector, focusing on stocks such as Proofpoint Inc, Carbonite Inc, and Synacor Inc.
Currently, the analyst consensus on Rapid7 is Strong Buy and the average price target is $33.33, representing a 4.0% upside.
In a report released yesterday, Stifel Nicolaus also maintained a Buy rating on the stock with a $36 price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $33.70 and a one-year low of $14.75. Currently, Rapid7 has an average volume of 409.7K.
Based on the recent corporate insider activity of 69 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Rapid7, Inc. provides security data and analytics solutions, which enable organizations to implement an active cyber security. It offers penetration test services, vulnerability management, detection & response services, IoT services, and training & certification.
