Stay updated with breaking news from Multicloud Services. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Rackspace Technology (NASDAQ:RXT – Get Rating) had its price target lowered by Barclays from $1.50 to $1.00 in a report issued on Monday, The Fly reports. A number of other analysts have also recently commented on the company. BMO Capital Markets dropped their price target on Rackspace Technology from $6.00 to $3.50 and set a […]
Rackspace Technology (NASDAQ:RXT – Get Rating) had its target price trimmed by Citigroup from $3.00 to $1.25 in a report published on Sunday, The Fly reports. Several other research analysts have also issued reports on RXT. Deutsche Bank Aktiengesellschaft reduced their price target on Rackspace Technology from $3.00 to $1.50 in a research report on […]
Rackspace Technology, Inc. (NASDAQ:RXT – Get Rating) was the target of a large growth in short interest in April. As of April 30th, there was short interest totalling 6,990,000 shares, a growth of 29.7% from the April 15th total of 5,390,000 shares. Based on an average daily trading volume, of 1,600,000 shares, the short-interest ratio […]
Rackspace Technology (NASDAQ:RXT – Get Rating) had its price objective decreased by Deutsche Bank Aktiengesellschaft from $3.00 to $1.50 in a research note released on Thursday morning, The Fly reports. Other analysts also recently issued research reports about the company. Barclays cut their target price on Rackspace Technology from $2.00 to $1.50 in a research […]
Rackspace Technology (NASDAQ:RXT – Get Rating) issued an update on its second quarter 2023 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of -$0.09–$0.07 for the period, compared to the consensus estimate of -$0.01. The company issued revenue guidance of $725.00 million-$735.00 million, compared to the consensus revenue estimate of […]