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RingCentral A Stock for Patient Investors, AI Tools And New Products Show Early Promise: Analyst - RingCentral (NYSE:RNG)

Summary by Benzinga
Rosenblatt analyst Catharine Trebnick maintained RingCentral (NYSE:RNG) with a Buy and lowered the price forecast from $40 to $28 on Thursday. Trebnick reduced her price forecast due to lower revenue projections for fiscal 2025 and 2026, reflecting ongoing economic uncertainty and recent leadership transitions. The analyst remarked RingCentral as a stock for patient investors. Also Read: Zoom Shares Rise After Global Outage Reminds Investors of …

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Benzinga broke the news in New York, United States on Thursday, April 24, 2025.
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