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Rackspace Technology (NASDAQ:RXT) Rating Lowered to Sell at Citigroup

Rackspace Technology (NASDAQ:RXT – Get Free Report) was downgraded by analysts at Citigroup from a “neutral” rating to a “sell” rating in a report released on Tuesday, Marketbeat.com reports. They currently have a $1.50 price target on the stock, up from their prior price target of $1.25. Citigroup’s price objective would indicate a potential downside […]

Rackspace Technology (NASDAQ:RXT) Shares Down 7 5%

Shares of Rackspace Technology, Inc. (NASDAQ:RXT – Get Free Report) dropped 7.5% during mid-day trading on Friday . The company traded as low as $2.45 and last traded at $2.47. Approximately 455,685 shares traded hands during mid-day trading, a decline of 75% from the average daily volume of 1,816,070 shares. The stock had previously closed […]

Rackspace Technology (NASDAQ:RXT) Sees Large Volume Increase

Rackspace Technology, Inc. (NASDAQ:RXT – Free Report) saw unusually-strong trading volume on Friday . Approximately 1,990,253 shares traded hands during mid-day trading, an increase of 16% from the previous session’s volume of 1,721,105 shares.The stock last traded at $2.38 and had previously closed at $1.96. Analysts Set New Price Targets Several research firms have commented […]

Rackspace Technology, Inc (NASDAQ:RXT) Receives Consensus Recommendation of Reduce from Brokerages

Shares of Rackspace Technology, Inc. (NASDAQ:RXT – Get Rating) have been given a consensus rating of “Reduce” by the ten brokerages that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and one has given a buy recommendation to […]

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