UPDATE: RingCentral (RNG) PT Raised to $455 as Morgan Stanley Sees Upside as Partnerships Ramp
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RingCentral (RNG) PT Raised to $500 at Rosenblatt
February 17, 2021 5:06 AM ESTRosenblatt analyst Ryan Koontz raised the price target on RingCentral (NYSE: RNG) to $500.00 (from $430.00) while maintaining a Buy rating.
The analyst comments "RNG reported very strong 4Q20 results (AMC), beating consensus revenue (by +5%) and earnings (by +$.02). Total revenue (grew +33% y/y) with subscription... More