Jefferies lowered the firm’s price target on RingCentral (RNG) to $30 from $32 and keeps a Hold rating on the shares. The firm updated the company’s model to reflect its Q1 results and Q2 guidance.
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Read More on RNG:
- RingCentral price target lowered to $30 from $38 at Craig-Hallum
- RingCentral price target lowered to $35 from $40 at Raymond James
- RingCentral price target raised to $28 from $25 at Piper Sandler
- RingCentral price target lowered to $33 from $38 at UBS
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