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 on the stock.
May 01, 2024 | 12:37 pm
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NEUTRAL IMPACT
Rosenblatt analyst Catharine Trebnick reiterated a Neutral rating on RingCentral with a $35 price target.
The reiteration of a Neutral rating and maintenance of the price target by Rosenblatt suggests that the analyst sees no immediate catalysts that could significantly change the company's valuation in the short term. This stability in outlook is reflected in the neutral score, indicating no expected significant movement in the stock price based on this analysis alone.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100