TD Cowen raised the firm’s price target on Rimini Street (RMNI) to $4.50 from $4 and keeps a Hold rating on the shares. The firm updated its model following Q1 results where revenues beat and guidance was maintained.
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Read More on RMNI:
- Sherman Keeps Hold on Balanced Risk-Reward, Lifts Price Target to $4.50 Amid Improving Execution and Growth Prospects
- Rimini Street Earnings Call: Growth Gains, Margin Pains
- Rimini Street price target raised to $6.50 from $6 at Alliance Global
- Rimini Street Posts Q1 2026 Results, Recurring Revenue Climbs
- Rimini Street reports Q1 non-GAAP net income $4.0M vs. $9.5M last year
