Wells Fargo Maintains Equal-Weight on RingCentral, Raises Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin has maintained an Equal-Weight rating on RingCentral (NYSE:RNG) and increased the price target from $31 to $33.
May 08, 2024 | 3:06 pm
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Wells Fargo has maintained an Equal-Weight rating on RingCentral and raised the price target from $31 to $33.
The increase in price target by Wells Fargo suggests a positive outlook on RingCentral's stock, potentially leading to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100