Form 8-K RingCentral, Inc. For: May 09

Go back to Form 8-K RingCentral, Inc. For: May 09

RingCentral (RNG) PT Lowered to $100 at Jefferies

May 10, 2022 8:40 AM EDT

Jefferies analyst Samad Samana lowered the price target on RingCentral (NYSE: RNG) to $100.00 (from $120.00) while maintaining a Buy rating following earnings.

The analyst commented, "RNG beat consensus for total rev, ARR and margins. While the headline #'s were solid, sub rev and... More