Credit Suisse Reiterates Outperform on RingCentral, Maintains $45 Price Target
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Fred Lee has reiterated an 'Outperform' rating on RingCentral (NYSE:RNG) and maintained a price target of $45.
August 08, 2023 | 12:10 pm
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Credit Suisse has reiterated an 'Outperform' rating on RingCentral and maintained a price target of $45.
The reiteration of an 'Outperform' rating by Credit Suisse indicates a positive outlook for RingCentral. The maintained price target of $45 suggests that the analyst believes the stock is undervalued at current levels, which could lead to upward price movement in the short term.
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IMPORTANCE 80
RELEVANCE 100