Rackspace’s Multicloud Services segment provides public and private cloud-managed services that allow customers to determine, manage and optimize the right infrastructure, platforms and services. It also provides professional services related to designing and building multicloud solutions and cloud-native applications.
Its Apps & Cross Platform segment includes managed applications; managed security services in the areas of security threat assessment and prevention, threat detection and response, rapid remediation, governance and risk and compliance assistance across multiple cloud platforms, as well as privacy and data protection services, including detailed access restrictions and reporting; data services; and professional services related to designing and implementing application, security and data services.
Credit Suisse has set its target price at $6.10. Rackspace Technology stock has a $2.29 consensus target, and shares traded at $1.10 on Friday.
Zevia PBC
This is another micro-cap idea with incredible upside potential. Zevia PBC (NYSE: ZVIA) develops, markets, sells and distributes various carbonated and non-carbonated soft drinks in North America under the Zevia brand name.
The company offers soda, energy drinks, organic tea, mixers, kids beverages and sparkling water. Its products are offered through various retail channels, including grocery distributors, national retailers, warehouse club and natural products retailers, as well as e-commerce channels.
The company is focused on addressing the global health challenges resulting from excess sugar consumption by offering a broad portfolio of zero-sugar, zero-calorie, naturally sweetened beverages. All Zevia beverages are made with a handful of simple, plant-based ingredients, contain no artificial sweeteners, and are Non-GMO Project verified, gluten-free, Kosher, vegan and zero sodium.
An $8 target price at Stephens compares with a $5.41 consensus target and a share price of $3.40 seen on Friday.
These are five stocks for aggressive investors looking to get share count leverage on companies that have sizable upside potential. While not suited for all investors, they are not penny stocks with absolutely no track record or liquidity, and major Wall Street firms have research coverage.
Originally published at 24/7 Wall St.
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