RingCentral (RNG) to Lay-Off 50 Employees at its Headquarters - SBFT

UPDATE: MKM Partners Starts RingCentral (RNG) at Buy

(Updated - August 4, 2022 8:44 AM EDT)

MKM Partners analyst Catharine Trebnick initiates coverage on RingCentral (NYSE: RNG) with a Buy rating and a price target of $80.00.

The analyst comments "We are initiating coverage of RingCentral with a Buy rating and $80 price target. We believe RingCentral... More

RingCentral (RNG) PT Lowered to $60 at UBS

UBS analyst Taylor McGinnis lowered the price target on RingCentral (NYSE: RNG) to $60.00 (from $84.00) while maintaining a Neutral rating.... More

RingCentral (RNG) PT Lowered to $110 at Craig-Hallum

Craig-Hallum analyst Jeff L. Van Rhee lowered the price target on RingCentral (NYSE: RNG) to $110.00 (from $175.00) while maintaining a Buy rating.... More

RingCentral (RNG) Stock Gains on 'Better Than Feared' Results

Shares of RingCentral (NYSE: RNG) are up almost 8% in premarket trading Wednesday after the company raised its FY EPS guidance, topping consensus estimates.

RNG reported Q2 adjusted EPS of 45c, up from 32c in the year-ago period and above the consensus estimates of 40c per share. Revenue came in at $486.9 million, up 28% YoY and above the analyst consensus of $479.2 million. Software subscription revenue stood at $463 million in the quarter, up... More

RingCentral (RNG) PT Lowered to $70 at Deutsche Bank

Deutsche Bank analyst Matthew Niknam lowered the price target on RingCentral (NYSE: RNG) to $70.00 (from $110.00) while maintaining a Buy rating.... More

RingCentral (RNG) PT Lowered to $100 at Wells Fargo

Wells Fargo analyst Michael Turrin lowered the price target on RingCentral (NYSE: RNG) to $100.00 (from $115.00) while maintaining a Overweight rating.... More

RingCentral (RNG) PT Lowered to $80 at Mizuho Securities

Mizuho Securities analyst Siti Panigrahi lowered the price target on RingCentral (NYSE: RNG) to $80.00 (from $150.00) while maintaining a Buy rating.... More

RingCentral (RNG) PT Lowered to $59 at Piper Sandler

Piper Sandler analyst James Fish lowered the price target on RingCentral (NYSE: RNG) to $59.00 (from $75.00) while maintaining a Overweight rating.... More

RingCentral (RNG) PT Lowered to $105 at BTIG

BTIG analyst Matthew VanVliet lowered the price target on RingCentral (NYSE: RNG) to $105.00 (from $120.00) while maintaining a Buy rating.... More

RingCentral (RNG) PT Lowered to $90 at Raymond James

Raymond James analyst Brian Peterson lowered the price target on RingCentral (NYSE: RNG) to $90.00 (from $135.00) while maintaining a Strong Buy rating.... More