Rapid7 with ticker code (RPD) now have 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 58 and 30 with a mean TP of 47.5. Now with the previous closing price of 31.84 this now indicates there is a potential upside of 49.2%. The day 50 moving average is 37.46 while the 200 day moving average is 68.85. The market capitalisation for the company is $1,861m. Visit the company website at: https://www.rapid7.com
The potential market cap would be $2,777m based on the market concensus.
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Rapid7 provides cyber security solutions. The company offers a cloud-native insight platform that enables customers to create and manage analytics-driven cyber security risk management programs. Its platform includes InsightIDR, an incident detection and response solution; InsightCloudSec, a solution that integrates posture management, workload protection, infrastructure entitlements management, infrastructure-as-code security, and Kubernetes protection; InsightVM, a vulnerability risk…
