Rapid7 Shares Fall After Canaccord Genuity Downgrade

MT Newswires Live

02/12

Rapid7 (RPD) shares fell almost 28% in recent Wednesday trading after Canaccord Genuity downgraded the cybersecurity company's stock to hold from buy and lowered its price target to $10 from $27.

Trading volume stood at over 4.6 million shares, compared with a daily average of more than 1.2 million shares.

Price: 7.52, Change: -2.87, Percent Change: -27.62

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