RBC Capital Downgrades Rapid7
RBC downgrades Rapid7 amid rising competition: will RPD stock slide?
On Friday, September 20, RBC Capital Markets downgraded Rapid7 (NASDAQ: RPD) from “Outperform” to “Sector Perform” and lowered its price target from $50 to $40. This move reflects rising concerns over the increasingly competitive landscape of the vulnerability management (VM) market, where Rapid7 is a major player.
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Appreciate your spending time with us. Yes. Well, I think to start with, one of the best things about the core of our business, tower business, I don't think from a capital allocation standpoint, ...
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