Rackspace Technology's Price Target Increased by 46.07% to $2.21

Rackspace Technology's (RXT) average one-year price target has been revised to $2.21/share, an increase of 46.07% from the prior estimate of $1.51/share. The price target represents a 90.52% increase from the latest reported closing price of $1.16/share. Institutions own 164,473K shares, a decrease of 6.07% in the last three months.