Rosenblatt Reiterates Neutral on RingCentral, Maintains $35 Price Target
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Catharine Trebnick has reiterated a Neutral rating on RingCentral (NYSE:RNG) and maintained a $35 price target for the company's stock.
December 04, 2023 | 4:48 pm
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NEUTRAL IMPACT
Rosenblatt analyst Catharine Trebnick reaffirmed a Neutral rating on RingCentral with a $35 price target, indicating no change in the analyst's outlook.
The reiteration of a Neutral rating and maintenance of the price target by Rosenblatt suggests that there are no new significant factors expected to affect RingCentral's stock price in the short term. The analyst's stance remains unchanged, which typically does not lead to significant stock price movements.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100