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Rackspace Technology, Inc. (NASDAQ:RXT) Receives $2.54 Consensus PT from Analysts

Shares of Rackspace Technology, Inc. (NASDAQ:RXT – Get Free Report) have been assigned a consensus recommendation of “Hold” from the seven research firms that are currently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and two have given a buy recommendation […]

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Artificial Intelligence (AI) and Cloud Transformation Dominate IT Investment Priorities for 2024 – Rackspace Technology Survey, in Association with VMware

New research by Rackspace Technology, the end-to-end, hybrid multicloud technology solutions company, in association with VMware, finds that despite ongoing economic uncertainty, businesses are committed to prioritising their IT investments in 2024, particularly in transformative technologies such as artificial intelligence (AI) and cloud transformation.

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Artificial Intelligence (AI) and Cloud Transformation

Artificial Intelligence (AI) and Cloud Transformation
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Insider Selling: Rackspace Technology, Inc. (NASDAQ:RXT) CTO Sells 20,445 Shares of Stock

Rackspace Technology, Inc. (NASDAQ:RXT – Get Free Report) CTO Srini Koushik sold 20,445 shares of the company’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $1.28, for a total value of $26,169.60. Following the completion of the transaction, the chief technology officer now owns […]

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