Barclays Lifts Verizon (VZ) Price Target, Notes Resilient Telecom Positioning [Yahoo! Finance]
Verizon Communications Inc. (VZ)
Last verizon communications inc. earnings: 4/24 07:30 am
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Source: Yahoo! Finance
Barclays Lifts Verizon (VZ) Price Target, Notes Resilient Telecom Positioning Ken Wolter / Shutterstock.com On March 31, Barclays raised its price recommendation on Verizon Communications Inc. (NYSE:VZ) to $47 from $43. It reiterated an Equal Weight rating on the shares. The firm said pricing across both wireless and broadband is starting to trend lower. Even so, telecom stocks have held up, with the analyst noting they are being treated as “defensive longs due to macro backdrop which makes earnings set-up asymmetric.” On March 30, Reuters reported that a federal judge granted Verizon Wireless a preliminary injunction blocking rival T-Mobile from running ads that promised consumers more than $1,000 in annual savings for switching carriers. U.S. District Judge Lewis Kaplan said Verizon is likely to succeed in its claim that T-Mobile's “Save Over $1,000” campaign amounted to false advertising and could cause irreparable harm. He added that granting the injunction would support th
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VZ
Earnings
- 1/30/26 - Beat
VZ
Sec Filings
- 4/2/26 - Form 4
- 4/2/26 - Form 4
- 4/2/26 - Form 4
- VZ's page on the SEC website