Citi Lowers its Price Target on Rapid7 (RPD) to $7

Rapid7, Inc. (NASDAQ:RPD) is one of the 10 Beaten Down Stocks Insiders Are Piling Into. On March 24, 2026, Citi lowered the price target on Rapid7, Inc. (NASDAQ:RPD) to $7 from $11.50 and maintained a Neutral rating. Citi said discussions with the company’s investor relations team ahead of the quiet period led to a more cautious view on the Q1 and FY26 outlook, citing ongoing go-to-market changes, execution risks, and parts of the business experiencing continued churn, along with limited near-term catalys ...