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RNG

RingCentral

$86.88

-0.325 (-0.37%)

07:06
01/14/19
01/14
07:06
01/14/19
07:06

RingCentral agrees to acquire Connect First, terms not disclosed

RingCentral announced that it has entered into a definitive agreement to acquire Connect First, a cloud-based outbound/blended customer engagement platform for midsize and enterprise companies. With the Connect First acquisition, the RingCentral Customer Engagement portfolio will include RingCentral Contact Center for inbound communications and Workforce Optimization, or WFO, RingCentral Engage for digital customer engagement, and Connect First for outbound/blended customer interactions. The terms of the transaction were not disclosed. The acquisition is expected to close in Q1, 2019, and is estimated to have no material financial impact for the year ending December 31, 2019.

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RNG RingCentral
$86.88

-0.325 (-0.37%)

11/16/18
WBLR
11/16/18
NO CHANGE
WBLR
Outperform
RingCentral selloff brings attractive buying opportunity, says William Blair
William Blair analyst Bhavan Suri views the recent "market-related" weakness in shares of RingCentral as an attractive buying opportunity "ahead of numerous incremental growth drivers in 2019." The company is benefiting from the movement of business communications to the cloud, which is "unquestionable and still in early days," Suri tells investors in a research note after attending RingCentral's user conference, ConnectCentral. Feedback from conversations was generally positive and reflected the company's current market leadership, as well as widespread interest in new and upcoming product innovations, says the analyst. He keeps an Outperform rating on RingCentral.
11/19/18
BARD
11/19/18
UPGRADE
BARD
Outperform
RingCentral upgraded to Outperform from Neutral at Baird
11/19/18
BARD
11/19/18
UPGRADE
Target $100
BARD
Outperform
RingCentral upgraded to Outperform at Baird
As reported previously, Baird analyst William Power upgraded RingCentral to Outperform from Neutral. The analyst said he is more positive on the company due to its strong growth outlook and strong channel bookings. He said recent data points from its user conference and an industry conference reinforced his conviction in its growth opportunity. Power raised his price target to $100 from $90 on RingCentral shares.
01/03/19
SPHN
01/03/19
INITIATION
Target $85
SPHN
Equal Weight
RingCentral initiated with an Equal Weight at Stephens
Stephens analyst Dmitry Netis started RingCentral with an Equal Weight rating and $85 price target. The analyst believes the stock's current valuation fairly balances heightened competitive and macroeconomic risks.

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LLESY

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EFSC

Enterprise Financial

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FB

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1.77 (1.19%)

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FB

Facebook

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ENB

Enbridge

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LIN

Linde plc

$160.76

3.48 (2.21%)

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HENKY

Henkel

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CAG

Conagra Brands

$21.58

0.34 (1.60%)

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UQM

UQM Technologies

$1.10

0.05 (4.76%)

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SNY

Sanofi

$41.50

-0.54 (-1.28%)

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RTN

Raytheon

$165.11

2.285 (1.40%)

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IBCP

Independent Bank

$22.80

-0.11 (-0.48%)

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Independent Bank boosts quarterly dividend by 20% to 18c »

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EDIT

Editas Medicine

$26.16

-0.01 (-0.04%)

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GOOG

Alphabet

$1,098.25

6.96 (0.64%)

, GOOGL

Alphabet Class A

$1,106.92

7.52 (0.68%)

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GOOG

Alphabet

$1,098.25

6.96 (0.64%)

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$1,106.92

7.52 (0.68%)

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LAD

Lithia Motors

$87.13

1.57 (1.84%)

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CYDY

CytoDyn

$0.00

(0.00%)

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ABT

Abbott

$71.43

0.9 (1.28%)

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SFUN

Fang Holdings

$1.88

-0.01 (-0.53%)

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TS

Tenaris

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PAAS

Pan American Silver

$14.17

-0.31 (-2.14%)

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CRWS

Crown Crafts

$5.68

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09:38
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