Why RingCentral Shares Are Trading Lower Today

Needham  analyst Ryan Koontz downgraded RingCentral, Inc  (NYSE: RNG ) from Buy to Hold . His recent fieldwork indicates the company's enterprise growth could continue to slow to the point where 2023 estimates now appear at risk.  Since 4Q21, he worried that a softening pipeline could impact RNG's enterprise revenue growth and limit the magnitude of revenue beats if ... Full story available on Benzinga.com