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Analysts’ Opinions Are Mixed on These Technology Stocks: RingCentral (RNG) and Keysight Technologies (KEYS)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on RingCentral (RNGResearch Report) and Keysight Technologies (KEYSResearch Report).

RingCentral (RNG)

In a report released today, Michael Funk from Bank of America Securities reiterated a Buy rating on RingCentral, with a price target of $45.00. The company’s shares closed last Tuesday at $30.86.

According to TipRanks.com, Funk is a 2-star analyst with an average return of -0.5% and a 57.6% success rate. Funk covers the Technology sector, focusing on stocks such as Guidewire, Autodesk, and Dropbox.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for RingCentral with a $37.67 average price target, a 25.0% upside from current levels. In a report released today, William Blair also maintained a Buy rating on the stock.

See today’s best-performing stocks on TipRanks >>

Keysight Technologies (KEYS)

In a report released today, David Ridley Lane from Bank of America Securities reiterated a Sell rating on Keysight Technologies, with a price target of $135.00. The company’s shares closed last Tuesday at $154.43.

According to TipRanks.com, Lane is ranked #6882 out of 8726 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Keysight Technologies with a $153.00 average price target.

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