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Stock Market & Financial Investment News

News Breaks
May 16, 2014
08:52 EDTRAXRackspace should be bought, says JMP Securities
JMP Securities said Rackspace should be bought following last night's disclosure the company is exploring strategic options. The analyst said this, combined with re-accelerating fundamentals and unique assets, should attract interest from multiple bidders and believes shares could more than double from current levels. The firm maintains its Buy rating and $67 price target.
News For RAX From The Last 14 Days
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January 29, 2015
13:28 EDTRAXRackspace calls active on renewed takeover speculation
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13:25 EDTRAXRackspace spikes off lows of the day on takeover speculation
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13:22 EDTRAXRumor: Rackspace strength attributed to takeover speculation
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January 20, 2015
09:40 EDTRAXFollow-up: Rackspace upgraded at CLSA
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09:17 EDTRAX, RAXRackspace upgraded to Buy from Outperform at CLSA
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