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RNG

RingCentral

$53.35

1.3 (2.50%)

08:55
02/13/18
02/13
08:55
02/13/18
08:55

RingCentral price target raised to $65 from $50 at Craig-Hallum

Craig-Hallum analyst George Sutton raised his price target for RingCentral to $65 from $50, citing flawless execution and industry leadership. The analyst reiterates a Buy rating on the shares.

RNG RingCentral
$53.35

1.3 (2.50%)

02/13/18
OPCO
02/13/18
NO CHANGE
Target $66
OPCO
Outperform
RingCentral price target raised to $66 from $60 at Oppenheimer
Oppenheimer analyst Brian Schwartz raised his price target for RingCentral to $66 from $60 after the company delivered another quarter of "very solid" execution and reported results. The analyst reiterates an Outperform rating on the shares.
02/13/18
JEFF
02/13/18
NO CHANGE
Target $64
JEFF
Buy
RingCentral target raised to $64 on 'solid' quarter at Jefferies
RingCentral last night exceeded Q4 estimates on nearly all metrics, with Software revenue growth accelerating to 32%, and the company provided 2018 annual guidance above Street estimates, Jefferies analyst John DiFucci tells investors in a post-earnings research note titled "Another Solid Quarter." He raised his price target for the shares to $64 from $60 and keeps a Buy rating on the name. The analyst believes RingCentral is well positioned to capture the demand from the Unified Communications market shifting to cloud offerings.
02/08/18
JPMS
02/08/18
NO CHANGE
JPMS
Overweight
LogMeln acquisition of Jive positive for shareholders, says JPMorgan
JPMorgan analyst Sterling Auty views LogMeln's (LOGM) acquisition of Jive Communications for $342M in cash as positive for both growth and shareholders. The deal will add needed top-line growth, bolster the overall platform, and capitalize on the "robust" unified communications as a service market, Auty tells investors in a research note. He sees LogMeln benefitting as competitors RingCentral (RNG) and 8x8, Inc. (EGHT) focus on moving into the large enterprise segment. The analyst keeps an Overweight rating on LogMeln.
01/18/18
JEFF
01/18/18
NO CHANGE
JEFF
Jefferies sees more upside in Software stocks despite 'rich' valuations
Despite "rich" valuations, Software stocks have room for appreciation, Jefferies analyst John DiFucci tells investors in a research note. The analyst says "secular forces" are as positive as he's seen in nearly two decades of covering Software due to advances in foundational computing tech, while cyclical forces "are also on the upswing." Lower corporate tax rates will benefit some in the sector while repatriation may benefit all, DiFucci contends. The analyst's top picks for 2018 are Oracle (ORCL), Palo Alto Networks (PANW) and Apptio (APTI). He upgraded this morning Alarm.com (ALRM) and Nice (NICE) to Buy from Hold while downgrading Symantec (SYMC) to Underperform from Hold. The analyst also raised his price target for Buy-rated RingCentral (RNG) to $60 from $52, Buy-rated Splunk (SPLK) to $105 from $88 and Buy-rated VMware (VMW) to $165 from $140.

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SPY

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Aimco

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TDG

TransDigm

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KDMN

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ASR

Asur

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USB

U.S. Bancorp

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-0.83 (-1.51%)

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KZIA

Kazia Therapeutics

$4.99

0.43 (9.43%)

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OBE

Obsidian Energy

$0.98

0.0183 (1.91%)

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OBE

Obsidian Energy

$0.98

0.0183 (1.91%)

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Obsidian Energy names Jay Thornton chairman of the board »

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SSRM

SSR Mining

$8.33

0.06 (0.73%)

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Earnings
SSR Mining reports Q4 adjusted EPS 2c, consensus 7c »

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SSRM

SSR Mining

$8.33

0.06 (0.73%)

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IVC

Invacare

$17.97

-0.28 (-1.53%)

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Invacare names Kathleen Leneghan as CFO, effective immediately »

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SHCAY

Sharp

$8.21

-0.025 (-0.30%)

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GM

General Motors

$40.91

0.35 (0.86%)

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GM seeks South Korean aid to bolster local unit, Nikkei Asian Review reports »

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SJI

South Jersey Industries

$26.34

0.23 (0.88%)

18:14
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Earnings
Breaking Earnings news story on South Jersey Industries »

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TRTN

Triton International

$28.16

-0.4 (-1.40%)

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SJI

South Jersey Industries

$26.34

0.23 (0.88%)

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PAA

Plains All American

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STX

Seagate

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-0.08 (-0.16%)

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WDC

Western Digital

$85.53

-0.14 (-0.16%)

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HPQ

HP Inc.

$21.39

0.22 (1.04%)

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BKD

Brookdale Senior Living

$7.18

-1.72 (-19.33%)

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AQMS

Aqua Metals

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PBA

Pembina Pipeline

$32.31

-0.1271 (-0.39%)

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