Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Rapid7 (RPD – Research Report), Digital Turbine (APPS – Research Report) and Paycom (PAYC – Research Report).
Rapid7 (RPD)
Citi analyst Fatima Boolani maintained a Buy rating on Rapid7 yesterday and set a price target of $65.00. The company’s shares closed last Wednesday at $56.99, close to its 52-week high of $60.15.
According to TipRanks.com, Boolani is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rapid7 with a $61.82 average price target, representing a 7.0% upside. In a report issued on January 29, UBS also upgraded the stock to Buy with a $70.00 price target.
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Digital Turbine (APPS)
Bank of America Securities analyst Omar Dessouky reiterated a Hold rating on Digital Turbine today and set a price target of $6.00. The company’s shares closed last Wednesday at $5.04, close to its 52-week low of $4.10.
According to TipRanks.com, Dessouky is a 3-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Digital Turbine with a $5.50 average price target, representing a 3.6% upside. In a report issued on January 25, Roth MKM also maintained a Hold rating on the stock with a $5.50 price target.
Paycom (PAYC)
In a report released yesterday, Steve Enders from Citi maintained a Hold rating on Paycom, with a price target of $198.00. The company’s shares closed last Wednesday at $199.03.
According to TipRanks.com, Enders ‘ ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Paycom with a $208.20 average price target, implying a 5.1% upside from current levels. In a report issued on February 5, BTIG also initiated coverage with a Hold rating on the stock.
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Read More on RPD:
- Rapid7 Announces Fourth Quarter and Full-Year 2023 Financial Results
- Rapid7 adds new managed digital risk protection to MDR Service
- Rapid7 Adds New Managed Digital Risk Protection To Leading MDR Service for 360-Degree Detection and Response
- RPD Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- DA Davidson enterprise security analysts hold analyst/industry conference call
