Vonage 2017 Results Powered by 33% GAAP Business Revenue Growth; Company Continues to Execute on Its Strategic Growth Initiatives

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Vonage (VG) PT Raised to $12 at Craig-Hallum; Pullback May Be Temporary

February 21, 2018 1:41 PM EST

Craig-Hallum raised its price target on Vonage (NYSE: VG) to $12.00 while maintaining a Buy rating.

Analyst George Sutton said the launch of Vonage Business Cloud sets up futher scale. While guidance disappointed the pullback may prove temporary.

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