Wells Fargo Maintains Equal-Weight on RingCentral, Raises Price Target to $65
Wells Fargo analyst Ryan Macwilliams maintains RingCentral (NYSE:RNG) with a Equal-Weight and raises the price target from $43 to $65.
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RingCentral (NYSE:RNG) reported quarterly earnings of $1.22 per share which beat the analyst consensus estimate of $1.16 by 5.17 percent. This is a 15.09 percent increase over earnings of $1.06 per share from the same
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Wells Fargo analyst Ryan Macwilliams maintains RingCentral (NYSE:RNG) with a Equal-Weight and raises the price target from $43 to $65.
Read original at benzinga