Rosenblatt initiated coverage of RingCentral with a Buy rating and $35 price target. The analyst views the stock’s valuation as "fair" since the company’s growth profile of 10% year-over-year falls below the 15% average of its peer group.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on RNG:
- RingCentral downgraded to Perform from Outperform at Oppenheimer
- RingCentral price target lowered to $45 from $50 at Jefferies
- RingCentral price target lowered to $45 from $50 at Mizuho
- RingCentral price target lowered to $44 from $50 at Deutsche Bank
- RingCentral price target raised to $55 from $40 at Barclays