Rapid7, Inc Q3 Preview by RBC Capital
<p>Analysts at RBC Capital provided their views on <a href='https://financialmodelingprep.com/financial-summary/RPD'>Rapid7, Inc. (NASDAQ:RPD) </a>ahead of upcoming Q3 results, expecting the company to post strong earnings (outperforming Street’s revenue/ARR estimates of $134million/$527million) driven by an ongoing benefit of security transformation as a precursor to digital transformation and broad interest and need for automation.</p>
<p>According to the brokerage, the company’s full 2021-year guidance of 33% ARR growth including IntSights, which is significantly above the 20% guidance to start the year, still remains conservative as it continues to see the company well-positioned with several short-term and long-term tailwinds. 
The analysts increased their price target on the company’s shares to $150 from $138, reiterating their outperform rating.</p>

NASDAQ:RPD