Vonage up 4.3% as Canaccord starts at Buy

• Vonage (NYSE:VG) is up 4.3% as Canaccord Genuity launches Coverage at Buy.
• The firm has a price target of $7.50. Shares closed Friday at $6.24, and are currently trading at $6.51, implying 15% upside.
• Analyst consensus rates the stock as a Buy. It's up more than 26% since a solid beat on Q2 earnings July 30.