Rackspace Technology downgraded by Citigroup with a new price target

7/25/23 6:33:27 AM ET

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Technology

Citigroup downgraded Rackspace Technology from Neutral to Sell and set a new price target of $1.50 from $1.25 previously

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Recent Analyst Ratings for
$RXT

Date	Price Target	Rating	Analyst
6/2/2025		Outperform → Mkt Perform	Raymond James
11/7/2023	$1.40	Neutral	UBS
9/19/2023	$3.50	Mkt Perform → Outperform	Raymond James
7/25/2023	$1.25 → $1.50	Neutral → Sell	Citigroup
10/11/2022	$9.00 → $5.00	Outperform → In-line	Evercore ISI
8/16/2022	$7.00 → $5.00	Neutral → Underweight	JP Morgan
8/11/2022	$9.00 → $7.00	Outperform → Sector Perform	RBC Capital Mkts
8/10/2022		Outperform → Mkt Perform	William Blair