RingCentral price target raised to $37.50 from $32 at Rosenblatt

Rosenblatt analyst Catharine Trebnick raised the firm’s price target on RingCentral (RNG) to $37.50 from $32 and keeps a Buy rating on the shares after a “solid” Q4 report. Management’s FY26 guide for 4%-5% total revenue growth and about $590M in free cash flow “underscores a durable profitable growth profile,” the analyst tells investors.