Rapid7, Dropbox facing easier earnings comps - Nomura

|About: Rapid7, Inc. (RPD)|By:, SA News Editor

Nomura analyst Christopher Eberle says the YTD software stock rally raised expectations and created challenges for investors to navigate during the approaching earnings season.

Eberle says Rapid7 (RPD +1.1%) and Dropbox (DBX +0.9%) have some of the easiest comps in the sector, while Salesforce (CRM +0.5%) and Tenable (TENB -0.1%) are among those facing tougher comparisons.

IBM kicks off the tech earnings season with its report on Wednesday, and Microsoft will follow on Thursday.

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