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Fly News Breaks for May 3, 2017
TWLO, VG
May 3, 2017 | 08:49 EDT
Craig-Hallum analyst George Sutton notes that Twilio (TWLO) "shocked investors" with its announcement that changes in its relationship with Uber, its largest customer, had taken place. The analyst believes Twilio's pain is likely Vonage's (VG) Nexmo gain. He reiterates a Buy rating and $10 price target on Vonage's shares.
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