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Rackspace Technology, Inc. (NASDAQ:RXT – Get Rating) has been assigned a consensus rating of “Hold” from the eleven brokerages that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. The […]
Oppenheimer lowered shares of Rackspace Technology (NASDAQ:RXT – Get Rating) from an outperform rating to a market perform rating in a research note published on Friday morning, MarketBeat reports. Oppenheimer also issued estimates for Rackspace Technology’s Q3 2022 earnings at $0.21 EPS and Q4 2022 earnings at $0.19 EPS. Other research analysts also recently issued […]
The cloud storage market is expanding, bolstered by the growing adoption of remote working models and advancing technologies that generate high-capacity data. With cloud strategies gaining traction across businesses worldwide,...
Equities research analysts forecast that Rackspace Technology, Inc. (NASDAQ:RXT – Get Rating) will report earnings of $0.21 per share for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for Rackspace Technology’s earnings, with the lowest EPS estimate coming in at $0.20 and the highest estimate coming in at $0.22. […]
Rackspace Technology (NASDAQ:RXT – Get Rating) updated its first quarter 2022 earnings guidance on Tuesday. The company provided earnings per share guidance of $0.200-$0.220 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.260. The company issued revenue guidance of $730 million-$738 million, compared to the consensus revenue estimate of […]