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Bullish analyst update, with substantial implied upside at the new target; treat the target as an opinion rather than a forecast.
What happened, with direct paths to the underlying reporting
Raymond James raised its RAPP price target by about 15%. The new target is well above the posted price of $29.19, though this remains a single analyst opinion.
Target: $86
Posted price: $29.19
Analyst firm: Raymond James
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