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Fly News Breaks for August 6, 2019
VG
Aug 6, 2019 | 19:30 EDT
Jefferies analyst John DiFucci raised his price target on Vonage to $17 and kept his Buy rating after its Q2 earnings beat and above-consensus Q3 outlook, saying the company is starting to show a "trend of strong execution". The analyst says the API platform revenue accelerated, with growth driven by continued expansion beyond SMS APIs into voice, video, Verify, and chat.
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