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Fly News Breaks for May 7, 2019
RNG
May 7, 2019 | 09:19 EDT
Northland analyst Michael Latimore raised his price target on RingCentral to $148 from $124 after increasing his estimates following the company's Q1 report. He cites the company's 33% SaaS growth, high win rate and pipeline building and keeps an Outperform rating on the shares.
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