Rackspace upgraded to Outperform from Market Perform at Raymond James Raymond James upgraded Rackspace citing yesterday's shares sell-off, organic growth, and views its as a solid leader in the cloud sector. Price target is $67.
News For RAX From The Last 14 Days
Check below for free stories on RAX the last two weeks.
Rackspace calls active on renewed takeover chatter Rackspace April weekly and traditional 33 calls are active on total call volume of 4,100 contracts (300 puts). April and May call option implied volatility is at 46, September is at 43; compared to its 26-week average of 43 according to Track Data. Active call option volume suggests traders taking positions for large price movement on renewed takeover chatter.