Analyst Ratings for RingCentral
Portfolio Pulse from Benzinga Insights
RingCentral (NYSE:RNG) has received a mix of bullish and indifferent analyst ratings in the last quarter. The average price target from these 12 analysts is $43.83, which is higher than the current price of $30.15, implying an upside. However, this average represents a 5.23% decrease from the previous average price target of $46.25.
October 19, 2023 | 3:01 pm
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Mixed analyst ratings for RingCentral (NYSE:RNG) with an average price target of $43.83, implying an upside from the current price.
The mixed analyst ratings indicate uncertainty about the company's performance. However, the average price target is higher than the current price, suggesting that the stock has potential for growth. This could positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100