Oppenheimer Raises Verizon (VZ) Price Target to $56 on Subscriber Growth Outlook [Yahoo! Finance]
Verizon Communications Inc. (VZ)
Last verizon communications inc. earnings: 4/24 07:30 am
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Source: Yahoo! Finance
Verizon Communications Inc. (NYSE: VZ ) is included among the 15 Best Dividend Leaders to Buy Right Now Oppenheimer Raises Verizon (VZ) Price Target to $56 on Subscriber Growth Outlook Ken Wolter / Shutterstock.com On March 11, Oppenheimer raised its price recommendation on Verizon Communications Inc. (NYSE:VZ) to $56 from $50. It reiterated an Outperform rating on the shares. The firm said its channel checks suggest Verizon's subscriber growth share is continuing. The analyst also pointed to strong visibility around the company's planned $5 billion in expense reductions. Part of those savings is expected to come from a 10% reduction in headcount and lower capital expenditures. Asset rationalization represents another meaningful area of savings, estimated at about $500 million. The firm also noted expected reductions in spending on third-party vendors and outsourced contractors. Oppenheimer said there could be additional upside from further cost reductions and monetization op
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VZ
Earnings
- 1/30/26 - Beat
VZ
Sec Filings
- 3/13/26 - Form 8-K
- 3/13/26 - Form 4
- 3/13/26 - Form 4
- VZ's page on the SEC website