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Fly News Breaks for June 26, 2017
RNG
Jun 26, 2017 | 20:56 EDT
SunTrust analyst Terry Tillman initiated RingCentral with a Buy and a $47 price target and believes is scalable and innovative technology will allow the company to serve ends of UCaaS end markets. The analyst sees catalysts from the emerging enterprise business, channel partner momentum, international expansion, higher lifetime customer value, and increased retention sales.
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