Mizuho raised the firm’s price target on RingCentral (RNG) to $27 from $25 and keeps a Neutral rating on the shares. The firm updated the company’s model post the March quarter results.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RNG:
- RingCentral’s Earnings Call Highlights Strong Growth and AI Success
- RingCentral price target lowered to $30 from $32 at Jefferies
- 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