Rosenblatt Reiterates Buy on RingCentral, Maintains $52 Price Target
Portfolio Pulse from richadhand@benzinga.com
Rosenblatt analyst Catharine Trebnick has reiterated a 'Buy' rating on RingCentral (NYSE:RNG) and maintained a price target of $52.
August 08, 2023 | 11:21 am
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Rosenblatt analyst Catharine Trebnick has reiterated a 'Buy' rating on RingCentral and maintained a price target of $52.
The reiteration of a 'Buy' rating by a Rosenblatt analyst and the maintenance of a $52 price target indicates a positive outlook for RingCentral. This could potentially lead to an increase in investor confidence and a positive impact on the stock's short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100