Rapid7 – Consensus Indicates Potential 58.0% Upside

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Rapid7 found using ticker (RPD) now have 16 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 155 and 93.5 calculating the average target price we see 117.41. Now with the previous closing price of 74.29 this would indicate that there is a potential upside of 58.0%. The 50 day MA is 72.3 and the 200 day MA is 102.11. The market cap for the company is $4,309m. Visit the company website at: https://www.rapid7.com

The potential market cap would be $6,810m 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 management solution that is…

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