Does RingCentral (RNG) Have the Potential to Rally 25.6% as Wall Street Analysts Expect?

RingCentral (RNG) closed the last trading session at $32.07, gaining 4.3% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $40.28 indicates a 25.6% upside potential. The average comprises 18 short-term price targets ranging from a low of $31 to a high of $52, with a standard deviation of $6.40. While the lowest estimate indicates a decline of 3.3% from the current price level, the m ...