RingCentral A Stock for Patient Investors, AI Tools And New Products Show Early Promise: Analyst

Rosenblatt analyst Catharine Trebnick maintained RingCentral 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 Platform’s Reach and Reliability StakesThe new products are gaining tract ...