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RNG - LivePerson Stock: Trending Higher
February, 26 2021 05:07 PM
Ringcentral Inc. Class A
LivePerson beat Q4 analyst estimates and provided strong guidance for 2021 revenue growth of 26%. The conversational AI company faces tough comps in Q2 which could push the revenue growth rates back down to 20%. The stock isn't cheap, but the breakout above $60 is a buying opportunity due to valuation multiple expansion ahead on top of strong growth. For further details see:
LivePerson Stock: Trending Higher
Stock Information
Company Name:
Ringcentral Inc. Class A
Stock Symbol:
RNG
Market:
NYSE
Website:
ringcentral.com
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