RingCentral Announces First Quarter 2024 Results

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RingCentral (RNG) PT Raised to $42 at Deutsche Bank

May 9, 2024 5:14 AM EDT

Deutsche Bank analyst Matthew Niknam raised the price target on RingCentral (NYSE: RNG) to $42.00 (from $38.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating on RingCentral shares, and believe it remains perhaps the most underappreciated FCF growth story across our coverage. At... More

RingCentral (RNG) PT Raised to $33 at Wells Fargo

May 8, 2024 6:17 AM EDT

Wells Fargo analyst Michael Turrin raised the price target on RingCentral (NYSE: RNG) to $33.00 (from $31.00) while maintaining a Equal Weight rating.

The analyst comments "Thoughts on 1Q - FLYW delivered a strong 1Q (record 200 clients signed and >20% Y/Y pipeline... More

RingCentral (RNG) PT Raised to $40 at UBS

May 8, 2024 6:06 AM EDT

UBS analyst Taylor McGinnis raised the price target on RingCentral (NYSE: RNG) to $40.00 (from $37.00) while maintaining a Neutral rating.

The analyst comments "RNG reported 1QF24 results that were headlined by a small beat and raise on the revenue side with subs... More