What 6 Analyst Ratings Have To Say About RingCentral
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 6 Wall Street analysts have published their opinions on RingCentral (NYSE:RNG), with 2 bullish, 1 somewhat bullish, and 3 indifferent ratings. The average 12-month price target for RNG is $41.17, which is an 18.07% decrease from the previous target of $50.25. Analysts predict stock performance by researching company financials, attending calls and meetings, and communicating with insiders.

November 15, 2023 | 1:00 pm
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NEGATIVE IMPACT
RingCentral received mixed analyst ratings with an average 12-month price target of $41.17, reflecting an 18.07% decrease from the previous target.
The decrease in the average price target suggests analysts are less optimistic about RingCentral's future stock performance, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100