Needham Reiterates Buy on RingCentral, Maintains $42 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan Koontz reiterates a Buy rating on RingCentral (NYSE:RNG) and maintains a $42 price target.
August 05, 2024 | 9:42 am
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Needham analyst Ryan Koontz reiterates a Buy rating on RingCentral (NYSE:RNG) and maintains 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