Mizuho sharply raises RingCentral price target
The sharp target increase reinforces a bullish analyst view, but the revised target implies more limited upside than Piper Sandler's.
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The sharp target increase reinforces a bullish analyst view, but the revised target implies more limited upside than Piper Sandler's.
What happened, with direct paths to the underlying reporting
Mizuho raised its RNG target from $40 to $85. The new target is about 7% above the posted price of $79.42; analyst targets are opinions, not guarantees.
Target: $85
Posted price: $79.42
Analyst firm: Mizuho Securities
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