Vonage downgraded by Craig Hallum with a new price target
$VG
Telecommunications Equipment
Public Utilities
Craig Hallum downgraded Vonage from Hold to Sell and set a new price target of $14.50 from $21.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/10/2022 | $21.00 → $14.50 | Hold → Sell | Craig Hallum |
| 11/26/2021 | $20.00 → $21.00 | Overweight → Equal Weight | Barclays |
| 11/23/2021 | $22.00 → $21.00 | Outperform → Neutral | Baird |
| 11/23/2021 | Overweight → Sector Weight | Keybanc | |
| 11/22/2021 | Buy → Neutral | Colliers Securities | |
| 11/5/2021 | $16.00 → $26.00 | Neutral → Overweight | JP Morgan |
| 11/5/2021 | $17.00 → $19.00 | Overweight | Keybanc |
| 10/21/2021 | $20.00 | Overweight | Barclays |
Experienced executives to drive critical functions as the company continues to grow Software intelligence company Dynatrace (NYSE:DT) today announced the appointment of two new executives to its leadership team. As General Counsel, Nicole Fitzpatrick is accountable for all Dynatrace legal and regulatory affairs worldwide and will lead the company's global Environment, Social, and Governance (ESG) program. As Chief People Officer, Sue Quackenbush is responsible for driving Dynatrace talent strategies and a workplace culture that continues to foster innovation, customer-centricity, and inclusiveness. "I am delighted to welcome Nicole and Sue to Dynatrace," said Rick McConnell, Dynatrace CEO
HOLMDEL, N.J., Aug. 11, 2022 /PRNewswire/ -- Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation, has been recognized as a leader in growth and innovation in the latest Frost & Sullivan Radar for the European Contact Center as a Service (CCaaS) Market. Vonage was recognized for Vonage Contact Center, an intelligent, multi-tenant contact center solution that seamlessly integrates all communications channels and customer interactions into an organization's CRM platform. Radar credited Vonage for investing heavily in innovati
As of July 21, 2022, Vonage becomes wholly owned subsidiary of Ericsson With Vonage on board, Ericsson will create a market for easy to adopt global network Application Program Interfaces ("APIs"); this will drive the next wave of digitalization Ericsson will generate near-term synergies from bringing Vonage Unified Communications as a Service (UCaaS) and Contact Center as a Service (CCaaS) solutions to its existing customers Rory Read, Vonage CEO, appointed member of Ericsson's Executive TeamSTOCKHOLM, July 21, 2022 /PRNewswire/ -- Ericsson (NASDAQ:ERIC) has completed its acquisition of Vonage Holdings Corp. (Vonage) (NASDAQ:VG), supporting Ericsson's strategy t
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Ericsson (NASDAQ:ERIC) has completed its acquisition of Vonage Holdings Corp. (Vonage) (NASDAQ:VG), supporting Ericsson's strategy to leverage technology leadership to grow its mobile network business and expand into enterprise. The acquisition provides Ericsson with access to powerful building blocks to offer a full suite of communications solutions including, Communications Platform as a Service (CPaaS), UCaaS and CCaaS. By leveraging the Vonage CPaaS offering, Ericsson aims to transform the way advanced 5G network capabilities are exposed, consumed and paid for. This will provide the global developer community, including Vonage's more than one million registered developers, with easy acc
https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20220718-1454336/1454336_vg6.pdf
Sunstone Hotel Investors Inc. (NYSE:SHO) will replace Vonage Holdings Corp. (NASD:VG) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, July 21. Telefonaktiebolaget LM Ericsson (OM:ERIC B/NASD: ERIC) is acquiring Vonage Holdings in a deal expected to be completed soon pending final closing conditions.
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HOLMDEL, N.J., May 05, 2022 (GLOBE NEWSWIRE) -- Vonage Holdings Corp. (NASDAQ:VG), a global leader in cloud communications helping businesses accelerate their digital transformation, today announced results for the quarter ended March 31, 2022. First Quarter 2022 Highlights: Consolidated revenue of $359 million, an increase of 8% year-over-year Consumer revenue of $62 million, a decrease of 19% year-over-yearVonage Communications Platform (VCP) revenue of $296 million, an increase of 16% year-over-year VCP Service revenue of $284 million, an increase o
HOLMDEL, N.J., Feb. 24, 2022 (GLOBE NEWSWIRE) -- Vonage Holdings Corp. (NASDAQ:VG), a global leader in cloud communications helping businesses accelerate their digital transformation, today announced results for the quarter and full year ended December 31, 2021. Fourth Quarter 2021 Highlights: Consolidated revenue of $366 million, an increase of 13% year-over-year Consumer revenue of $66 million, a decrease of 16% year-over-yearVonage Communications Platform (VCP) revenue of $300 million, an increase of 23% year-over-year VCP Service revenue of $287 million, an increase of 25% year-over-year API revenue of $165 million, an increase of 38% year-over-yearUnified Communication
STOCKHOLM, Nov. 22, 2021 /PRNewswire/ -- Ericsson (NASDAQ:ERIC) has entered into an agreement to acquire Vonage Holdings Corp. (NASDAQ:VG) for USD 21 per share. This represents a total acquisition price of approximately USD 6.2 billion (Enterprise Value). The merger agreement was approved unanimously by the Board of Vonage. The transaction builds upon Ericsson's stated intent to expand globally in wireless enterprise, offering existing customers an increased share of a market valued at USD 700 billion by 2030. Börje Ekholm, President and CEO of Ericsson, says: "The core of our strategy is to build leading mobile networks through technology leadership. This provides the foundation to build
Craig Hallum downgraded Vonage from Hold to Sell and set a new price target of $14.50 from $21.00 previously
Barclays downgraded Vonage from Overweight to Equal Weight and set a new price target of $21.00 from $20.00 previously
Baird downgraded Vonage Hldgs from Outperform to Neutral and set a new price target of $21.00 from $22.00 previously
Experienced executives to drive critical functions as the company continues to grow Software intelligence company Dynatrace (NYSE:DT) today announced the appointment of two new executives to its leadership team. As General Counsel, Nicole Fitzpatrick is accountable for all Dynatrace legal and regulatory affairs worldwide and will lead the company's global Environment, Social, and Governance (ESG) program. As Chief People Officer, Sue Quackenbush is responsible for driving Dynatrace talent strategies and a workplace culture that continues to foster innovation, customer-centricity, and inclusiveness. "I am delighted to welcome Nicole and Sue to Dynatrace," said Rick McConnell, Dynatrace CEO
Hootsuite today announced the appointment of four new directors to its Board of Directors. Julie Herendeen, Christiane Pendarvis, Dave Singh, and Carl Sparks join existing directors, Ryan Holmes, Tom Keiser and Jeff Lieberman on the Hootsuite board. Herendeen has been appointed Board Chair. "These new board appointments are an important step forward for Hootsuite as we transition from an investor board to an independent board," said Tom Keiser, Hootsuite CEO. "We have an incredible mix of talented leaders guiding our company, and I'm honored to welcome our newest board members to the team." Concurrent with the new additions, Sara Clemens and Shahrzad Rafati have transitioned from the boar
Seasoned technology leader will fuel company's global R&D continued growth and spearhead accelerated DevOps innovation JFrog Ltd. ("JFrog") (NASDAQ:FROG), the liquid software company, today announced the appointment of Sagi Dudai as Executive Vice President of Product and Engineering. He joins JFrog with more than 25 years of global experience ranging from large-scale software Platform-as-a-Service to AI and machine learning. Dudai comes to JFrog from Vonage (NASDAQ:VG), a business cloud communications leader, where he served as Chief Technology Officer and drove the technology vision, architecture and design, overseeing all aspects of technology development, including new products and the