Ringcentral, Inc. (RNG) Tops Q2 EPS by 4c, Revenues Miss; Raises FY20 EPS/Revenue Guidance, Provides 3Q EPS/Revenue Outlook

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RingCentral (RNG) PT Raised to $350 at BofA Securities

August 4, 2020 7:48 AM EDT

BofA Securities analyst Nikolay Beliov raised the price target on RingCentral (NYSE: RNG) to $350.00 (from $305.00) while maintaining a Buy rating.

Strong 2Q on upmarket traction as previewed2020 top pick... More

RingCentral (RNG) PT Raised to $345 at Rosenblatt

August 4, 2020 6:35 AM EDT

Rosenblatt analyst Ryan Koontz raised the price target on RingCentral (NYSE: RNG) to $345.00 (from $320.00) while maintaining a Buy rating following results.

The analyst commented, "We believe RNG's vertical-centric go-to-market strategy continues to distance the company from competitors and the company's major new... More

RingCentral (RNG) PT Raised to $340 at Needham & Company

August 4, 2020 6:23 AM EDT

Needham & Company analyst Richard Valera raised the price target on RingCentral (NYSE: RNG) to $340.00 (from $300.00) while maintaining a Buy rating.

The analyst commented, ": Following a 1Q upside, which was slightly muted by net COVID-related headwinds, RNG delivered a strong (+5.4%) 2Q20 revenue beat and raise.... More