Verizon Communications (VZ) Tops Q2 EPS by 3c

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Oppenheimer Remains Bullish on Verizon Communications (VZ) Following 2Q15

July 22, 2015 10:28 AM EDT

Oppenheimer reiterated an Outperform rating and $54.00 price target on Verizon Communications (NYSE: VZ) following its 2Q15 earnings report. Analyst Timothy Horan said that VZ reported strong margins and EPS growth. However, ARPA came in weaker than expected. Oppenheimer is lowering estimated revenue by... More