Verizon Stock Downgraded as Telecom Price Wars Heat Up [The Motley Fool]
Verizon Communications Inc. (VZ)
Last verizon communications inc. earnings: 4/24 07:30 am
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verizon.com/about/investors
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Source: The Motley Fool
Verizon Stock Downgraded as Telecom Price Wars Heat Up Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope... Buckle up, telecom investors. Investing in this industry is about to get a whole lot more interesting. According to a new note just out on StreetInsider.com, investment banker Nomura Instinet is cutting its rating on U.S. telecom giant Verizon Communications ( NYSE:VZ The reason: Price wars are back in the telecom industry, and while it's not yet certain who will be the winner, Nomura sees a risk that Verizon, at least, could be a loser for investors. Here's what you need to know. Image source: Getty Images. What's happening in Telecom Land? In August, Verizon rolled out four new pricing plans offering consumers unlimited wireless data for rates ranging from $70 to $90 a m
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News
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- Verizon readies for 2024 wildfire seasonGlobeNewswire
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- Verizon readies for 2024 wildfire seasonGlobeNewswire
- Verizon readies for 2024 wildfire seasonGlobeNewswire
VZ
Earnings
- 4/22/24 - Beat
VZ
Sec Filings
- 4/22/24 - Form 8-K
- 4/16/24 - Form PX14A6G
- 4/15/24 - Form 4
- VZ's page on the SEC website