Information Provided By:
Fly News Breaks for December 11, 2017
VG
Dec 11, 2017 | 08:40 EDT
Needham analyst Richard Valera raised his price target on Vonage to $12 from $10 and kept his Buy rating, saying the company remains his top pick in the space for 2018. Valera anticipates "secular tailwinds and solid business momentum in the UCaaS and CPaaS businesses" at Vonage. The analyst also forecasts strong cash flows from its legacy Consumer business as it de-levers its balance sheet, supporting M&A activity next year.
News For VG From the Last 2 Days
There are no results for your query VG
I agree to the thefly.com's disclaimer & terms of use
About Privacy Terms of Use

© 1996-2018 TheStreet, Inc., 14 Wall Street, 15th Fl, NY, NY 10005

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.