Vonage Appoints Rory Read Chief Executive Officer

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Vonage (VG) Business Sounds Healthy Despite Surprise CEO Transition; PT Raised to $13 - Needham & Company

June 8, 2020 11:44 AM EDT

Needham & Company analyst Richard Valera raised the price target on Vonage (NASDAQ: VG) to $13.00 (from $11.00) while maintaining a Buy rating, saying business sounds healthy despite surprise CEO transition.

The analyst commented, "This morning VG announced a planned CEO change, with new CEO,... More