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Fly News Breaks for June 19, 2018
RNG
Jun 19, 2018 | 07:27 EDT
Oppenheimer analyst Brian Schwartz raised his price target for RingCentral to $92 from $79 after attending the company's investors day. The analyst left the investors meeting feeling more comfortable in his RingCentral estimates and his large TAM and open-ended growth with improving operating profitability thesis. Schwartz reiterates an Outperform rating on the shares.
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