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Fly News Breaks for March 11, 2019
VG
Mar 11, 2019 | 16:33 EDT
Guggenheim analyst Nandan Amladi started Vonage with a Neutral rating and $10 price target. The company's guidance also appears a "bit aggressive," which could pressure the stock near-term, Amladi tells investors in a research note. Further, he believes Vonage's pivot to an enterprise-focused business increases execution risk during 2019.
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