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0.000847278119042558 0.000741368354162332 -0.000423639059521204 -0.000105909764880226 0.000635458589281956 -0.000741368354162182 0.00624867612793903 0.00317941114170731
Stock impact report

Verizon Cut to Hold at DBS Bank: Is the Telecom Giant Running Out of Upside? [Yahoo! Finance]

Verizon Communications Inc. (VZ) 
Last verizon communications inc. earnings: 4/24 07:30 am Check Earnings Report
US:NYSE Investor Relations: verizon.com/about/investors
Company Research Source: Yahoo! Finance
upside potential, while Q4 2024 wireless service revenue hit $20 billion for the 18th consecutive quarter of growth and the quarterly dividend was raised to $0.7075 per share supporting a 5.7% to 5.8% yield. DBS Bank's reassessment reflects a valuation concern rather than fundamental weakness, as Verizon's attractive 12x P/E ratio and intact wireless growth story face headwinds from T-Mobile's competitive strength and Verizon's $144 billion debt load limiting financial flexibility. The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE Verizon Communications NYSE:VZ ) received a cautious reassessment on April 8 when DBS Bank downgraded Verizon stock from "Buy" to "Hold," setting a price target of $52. The move signals that one of Verizon's more optimistic backers now sees the stock as fairly valued after a strong run. For income investors riding Verizon's momentum, it's worth understanding what changed. Verizon stock has risen 19% year-to-dat Show less Read more
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