Form 8-K RingCentral, Inc. For: Nov 08

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RingCentral (RNG) PT Raised to $400 at Needham & Company on Blowout Quarter

November 10, 2021 6:58 AM EST

Needham & Company analyst Ryan Koontz raised the price target on RingCentral (NYSE: RNG) to $400.00 (from $360.00) while maintaining a Buy rating.

The analyst commented, "RNG delivered a terrific 3Q21, beating consensus revenue and EPS (by +5%/+$0.03) and guiding 4Q21 3% ahead of consensus. Thwarting... More