William Blair Believes Vonage Holdings (VG) Won’t Stop Here


In a report released today, Dmitry Netis from William Blair reiterated a Buy rating on Vonage Holdings (NYSE: VG). The company’s shares opened today at $12.31, close to its 52-week high of $12.62.

According to TipRanks.com, Netis is a 4-star analyst with an average return of 9.1% and a 55.4% success rate. Netis covers the Consumer Goods sector, focusing on stocks such as Ribbon Communications Inc, Acacia Communications, and Juniper Networks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Vonage Holdings with a $13.33 average price target.

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The company has a one-year high of $12.62 and a one-year low of $6.28. Currently, Vonage Holdings has an average volume of 1.34M.

Based on the recent corporate insider activity of 94 insiders, corporate insider sentiment is negative on the stock.

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Vonage Holdings Corp. engages in the provision of communication services through cloud-connected devices. It operates through the Business and Consumer segments.

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