Vonage Holdings Corp Reaches Analyst Target Price
February 16, 2018 at 09:45 AM EST
In recent trading, shares of Vonage Holdings Corp (VG) have crossed above the average analyst 12-month target price of $10.96, changing hands for $11.19/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..