Needham Reiterates Buy on RingCentral, Maintains $42 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan Koontz has reiterated a Buy rating on RingCentral (NYSE:RNG) and maintained a $42 price target.
May 20, 2024 | 10:55 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Needham analyst Ryan Koontz has reiterated a Buy rating on RingCentral and maintained a $42 price target.
The reiteration of a Buy rating and the maintenance of a $42 price target by a reputable analyst can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100