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Rackspace Technology, Inc. (RXT) Stock Falls -11.44% This Week: Is It a Good Pick?

Tuesday, May 24, 2022 02:11 PM | InvestorsObserver Analysts

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Rackspace Technology, Inc. (RXT) Stock  Falls -11.44% This Week: Is It a Good Pick?

Rackspace Technology, Inc. (RXT) stock is lower by -59.48% over the last 12 months, and the average rating from Wall Street analysts is a Buy. InvestorsObserver’s proprietary ranking system, gives RXT stock a score of 33 out of a possible 100.

That rank is chiefly influenced by a short-term technical score of 9. RXT's rank also includes a long-term technical score of 32. The fundamental score for RXT is 58. In addition to the average rating from Wall Street analysts, RXT stock has a mean target price of $11.75. This means analysts expect the stock to add 39.22% over the next 12 months.
Overall Score - 33
RXT has an Overall Score of 33. Find out what this means to you and get the rest of the rankings on RXT!

What's Happening with RXT Stock Today

Rackspace Technology, Inc. (RXT) stock is lower by -2.54% while the S&P 500 is lower by -1.4% as of 2:09 PM on Tuesday, May 24. RXT is lower by -$0.22 from the previous closing price of $8.66 on volume of 2,775,873 shares. Over the past year the S&P 500 is lower by -6.64% while RXT is lower by -59.48%. RXT lost -$0.92 per share in the over the last 12 months. Click Here to get the full Stock Report for Rackspace Technology, Inc. stock.

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