Baird Equity Research lowered its rating for RingCentral Inc RNG from Outperform to Neutral after the stock jumped 8.08 percent Wednesday on an unsubstantiated M&A rumor....Bloomberg reported Wednesday morning that RingCentral is working with advisors to consider an offer for the company and the Baird analysts believe that any larger cloud company could be a buyer. They named Alphabet Inc GOOG GOOGL, Oracle Corporation ORCL and Amazon.com, Inc. AMZN as potential candidates. SourceWe can see a clear upside trend, which will likely continue. $RNG, RingCentral, Inc. / D