Wedbush Reiterates Neutral on RingCentral, Maintains $40 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Taz Koujalgi has reiterated a Neutral rating on RingCentral (NYSE:RNG) and maintained a $40 price target.
February 16, 2024 | 2:42 pm
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Wedbush analyst Taz Koujalgi reiterates a Neutral rating on RingCentral with a $40 price target.
The reiteration of a Neutral rating and maintenance of a $40 price target by Wedbush suggests no significant short-term price movement is expected for RingCentral. The analyst's view likely reflects a balanced perspective on the company's current valuation and future prospects.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90