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RingCentral (RNG) PT Lowered to $35 at Evercore ISI
February 21, 2025 5:26 AM ESTEvercore ISI analyst Peter Levine lowered the price target on RingCentral (NYSE: RNG) to $35.00 (from $37.00) while maintaining a In Line rating.
The analyst comments "RNG reported in-line Q4 results but the weak 1Q25 and CY25 outlook will weight on shares. The call provided no new information to change the existing narrative around the stock, and unfortunately, no near-term catalyst appears poised to shift... More
