Craig-Hallum analyst George Sutton said Vonage (VG) filed details related to the Nexmo acquisition, which appears to look a lot more like Twilio (TWLO) than he had expected. Sutton was surprised by the similar growth rates between Nexmo and Twilio, particular compared to expectations of 40% growth for Nexmo. Sutton expects Vonage's accelerated Nexmo investments will close the developer gap with Twilio and accelerate growth further. The analyst expects investors to reward Vonage's valuation and raised its price target to $10 from $8.50 to reflect the Nexmo opportunity and reiterated his Buy rating.