Rosenblatt Maintains Buy on RingCentral, Raises Price Target to $52
Portfolio Pulse from richadhand@benzinga.com
Rosenblatt analyst Catharine Trebnick maintains a 'Buy' rating on RingCentral (NYSE:RNG) and raises the price target from $40 to $52.
August 04, 2023 | 10:58 am
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Rosenblatt analyst Catharine Trebnick maintains a 'Buy' rating on RingCentral and raises the price target from $40 to $52.
The raised price target by Rosenblatt analyst indicates a positive outlook for RingCentral. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100