Wolfe Research analyst Alex Zukin downgraded RingCentral to Peer Perform from Outperform with a fair value range of $32-$37 per share.
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Published first on TheFly
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Read More on RNG:
- Wedbush initiates RingCentral with a Neutral and $40 price target
- RingCentral initiated with a Neutral at Wedbush
- RingCentral upgraded at Morgan Stanley with investor sentiment ‘overly negative’
- RingCentral upgraded to Overweight from Equal Weight at Morgan Stanley
- Avaya appoints RingCentral board nominee to board, says committed to partnership
