RingCentral (RNG) Shares Gain on 'Strong' Results, Oppenheimer Upgrades to Outperform

RingCentral (RNG) PT Lowered to $100 at Jefferies

Jefferies analyst Samad Samana lowered the price target on RingCentral (NYSE: RNG) to $100.00 (from $120.00) while maintaining a Buy rating following earnings.

The analyst commented, "RNG beat consensus for total rev, ARR and margins. While the headline #'s were solid, sub rev and... More

RingCentral (RNG) PT Lowered to $120 at Truist Securities

Truist Securities analyst Terry Tillman lowered the price target on RingCentral (NYSE: RNG) to $120.00 (from $295.00) while maintaining a Buy rating.... More

RingCentral (RNG) PT Lowered to $110 at Deutsche Bank

Deutsche Bank analyst Matthew Niknam lowered the price target on RingCentral (NYSE: RNG) to $110.00 (from $210.00) while maintaining a Buy rating.... More

RingCentral (RNG) PT Lowered to $150 at Wells Fargo

Wells Fargo analyst Michael Turrin lowered the price target on RingCentral (NYSE: RNG) to $150.00 (from $185.00) while maintaining a Overweight rating.... More

RingCentral (RNG) Lead Metrics Decelerate, PT Lowered to $118 at Piper Sandler

Piper Sandler analyst James Fish lowered the price target on RingCentral (NYSE: RNG) to $118.00 (from $228.00) after the company reported decelerating lead metrics and one of the smallest Q1 upsides to date. Despite this, shares are slightly higher premarket, due to strong billings, a 120... More

RingCentral (RNG) PT Lowered to $130 at Evercore ISI as Fundamentals Hold Up While Multiples Compress

Evercore ISI analyst Peter Levine lowered the price target on RingCentral (NYSE: RNG) to $130.00 (from $225.00) after strong 1Q results and an upbeat CY22 outlook offered enough momentum to guide to another year of +30% growth despite the $2bn run-rate.

The analyst reiterated an Outperform rating,... More

RingCentral (RNG) PT Lowered to $135 at Raymond James

Raymond James analyst Brian Peterson lowered the price target on RingCentral (NYSE: RNG) to $135.00 (from $300.00) while maintaining a Strong Buy rating.... More

RingCentral (RNG) PT Lowered to $80 at Wolfe Research

Wolfe Research analyst Alex Zukin lowered the price target on RingCentral (NYSE: RNG) to $80.00 (from $115.00) while maintaining a Outperform rating.... More

RingCentral (RNG) PT Lowered to $84 at UBS

UBS analyst Taylor McGinnis lowered the price target on RingCentral (NYSE: RNG) to $84.00 (from $165.00) while maintaining a Neutral rating.... More

RingCentral (RNG) PT Lowered to $105 at Morgan Stanley

Morgan Stanley analyst Meta Marshall lowered the price target on RingCentral (NYSE: RNG) to $105.00 (from $165.00) while maintaining a Equalweight rating.... More