Oppenheimer raises RingCentral price target to $110
The large target increase and sizable gap to the posted price make this a notable bullish analyst signal, while remaining an analyst opinion rather than a guarantee.
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The large target increase and sizable gap to the posted price make this a notable bullish analyst signal, while remaining an analyst opinion rather than a guarantee.
What happened, with direct paths to the underlying reporting
Oppenheimer raised its RNG target from $85 to $110. Against the posted price of $79.42, the new target represents substantial stated upside.
Target: $110
Posted price: $79.42
Analyst firm: Oppenheimer
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