RingCentral, Inc. (RNG) Tops Q2 EPS by 4c

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RingCentral (RNG) Bear Thesis Addressed at Mizuho

August 5, 2021 1:05 PM EDT

Mizuho Securities analyst Siti Panigrahi reiterated a Buy rating and $400.00 price target on RingCentral (NYSE: RNG) after addressing the bear thesis. The analyst sees a "compelling buying opportunity."

The analyst commented, "Despite strong Q2 results, RNG shares have sold off... More