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Fly News Breaks for August 10, 2017
RNG
Aug 10, 2017 | 08:23 EDT
As previously reported, Baird analyst William Power downgraded RingCentral to Neutral from Outperform following yesterday's unsubstantiated M&A report. The analyst sees a top upside of $44 and therefore a current balanced risk/reward for the shares. Power maintained his $41 price target on RingCentral shares.
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