Rimini Street Shares Gain On Roth Capital Upgrade
Roth Capital analyst Richard Baldry upgraded Rimini Street Inc (NASDAQ:RMNI) to Buy from Neutral with an $8 price target, suggesting an upside of 53%. The shares are down 57% versus their highs and trading at only 1.1-times run-rate revenues. The analyst does believe recent staccato growth results are likely to continue to temper a return…
Benzinga ·
Benzinga
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