|Analyst / Firm||Company||Price||Rating||Price Target||Upside/Downside||Date|
2 days ago
#59 out of 3462 analysts
88%51 out of 58
Risk vs Reward
Moskowitz raised his price target on Rapid7, Inc. by 10.4%.
Even though rising yields and inflationary concerns weigh on some software stocks, checks with distributors and end-users continue to be "quite favorable, and growth names have largely remained en vogue," the analyst reports.
Moskovitz introduced 2023 estimates and raised price targets on some names.
Overall, he remains bullish on the sector "although, with multiples elevated," he suggests a "more surgical approach to stock selection."
a day ago