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RNG

RingCentral

$47.55

-0.75 (-1.55%)

05:08
12/12/17
12/12
05:08
12/12/17
05:08

RingCentral downgraded to Neutral from Overweight at JPMorgan

JPMorgan analyst Sterling Auty downgraded RingCentral to Neutral with an unchanged price target of $52 in conjunction with his 2018 annual outlook for Software Technology. The analyst does not expect the "exceptional performance" in Software during 2017 to repeat in 2018. As such, he's moderating his bullish outlook into next year.

RNG RingCentral
$47.55

-0.75 (-1.55%)

08/10/17
BARD
08/10/17
DOWNGRADE
Target $41
BARD
Neutral
RingCentral downgraded to Neutral at Baird
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.
11/09/17
OPCO
11/09/17
NO CHANGE
Target $50
OPCO
Outperform
RingCentral price target raised to $50 from $45 at Oppenheimer
Oppenheimer analyst Brian Schwartz raised his price target for RingCentral to $50 from $45 after its business generated "impressive" Q3 results and higher 2017 financial targets to support valuation. The analyst reiterates an Outperform rating on the shares.
11/09/17
CHLM
11/09/17
NO CHANGE
Target $50
CHLM
Buy
RingCentral price target raised to $50 from $40 at Craig-Hallum
Craig-Hallum analyst George Sutton raised his price target for RingCentral to $50 from $40 as acceleration provides a "dramatic differentiation." The analyst reiterates a Buy rating on the shares.
12/06/17
OPCO
12/06/17
NO CHANGE
Target $56
OPCO
Outperform
RingCentral price target raised to $56 from $50 at Oppenheimer
Oppenheimer analyst Brian Schwartz raised his price target for RingCentral to $56 from $50 saying its business appears set to close 2017 with strong momentum. The analyst reiterates an Outperform rating on the shares.

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AZO

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ONCE

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