Rimini Street Shares Gain on Roth Capital Upgrade

A man looks at a stock market chart in Irvine, Calif., on April 9, 2021. John Fredricks/The Epoch Times

Roth Capital analyst Richard Baldry upgraded Rimini Street Inc. to Buy from Neutral with an $8 price target, suggesting an upside of 53 percent.

The shares are down 57 percent versus their highs and trading at only 1.1-times run-rate revenues.