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Analysts Offer Insights on Technology Companies: Rapid7 (RPD) and GDS Holdings (GDS)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Rapid7 (RPDResearch Report) and GDS Holdings (GDSResearch Report) with bullish sentiments.

Rapid7 (RPD)

In a report released yesterday, Shrenik Kothari from Robert W. Baird maintained a Buy rating on Rapid7, with a price target of $52.00. The company’s shares closed last Tuesday at $44.25.

According to TipRanks.com, Kothari is a 3-star analyst with an average return of 3.5% and a 47.6% success rate. Kothari covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and Varonis Systems.

Rapid7 has an analyst consensus of Moderate Buy, with a price target consensus of $55.00.

See today’s best-performing stocks on TipRanks >>

GDS Holdings (GDS)

In a report released yesterday, Edison Lee from Jefferies assigned a Buy rating to GDS Holdings, with a price target of $21.95. The company’s shares closed last Tuesday at $13.75.

Lee has an average return of 2.2% when recommending GDS Holdings.

According to TipRanks.com, Lee is ranked #6445 out of 8375 analysts.

Currently, the analyst consensus on GDS Holdings is a Strong Buy with an average price target of $23.61.

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