RingCentral (RNG) Raised to “Purchase” at Zacks Investment Research
Summary
Rosenblatt Securities reiterated a “buy” rating and issued a $100.00 target price on shares of RingCentral in a research report on Wednesday, November 7th. Finally, Morgan Stanley lifted their target price on RingCentral from $84.00 to $93.00 and gave the stock an “equal weight” rating in a research report on Monday, January 7th. In other news, CEO Vladimir Shmunis sold 46,048 shares of RingCentral stock in a transaction that occurred on Tuesday, November 20th. Sheets Smith Wealth Management bought a new stake in shares of RingCentral in the 3rd quarter worth approximately $385,000. Finally, Oakbrook Investments LLC bought a new stake in shares of RingCentral in the 3rd quarter worth approximately $205,000.
Funding
Amount
-
Total raised
Date
February 5, 2019
Announcement date
Investors
RingCentral
Lead investors
Company
-
Funded company
Classifications
industries
No industries detected
applications
Collaboration & Communication
AskAI Classifications
Labels
Unified Communications as a Service (UCaaS)
Contact Center Software
Conversation Intelligence
Linked Companies
RingCentral
$1M to $5M