Scalper1 News
Pacific Crest Securities initiated coverage with a positive outlook on data security and analytics firm Rapid7 (RPD). Pacific Crest analyst Rob Owens gave Rapid7 an overweight rating with a price target of 28. Rapid7 raised $103 million last month with an initial public offering priced at 16, above its expected range. The stock popped 58% on its first day of trading July 17, closing at 25.28. In afternoon trading, Rapid7 stock was down 3.5%, near Scalper1 News
Scalper1 News