Verizon Communications to report earnings January 21

Go back to Verizon Communications to report earnings January 21

FBR Capital Remains Bullish on Verizon Communications (VZ) As Subscriber Results Ease Concerns

January 22, 2016 8:41 AM EST

FBR Capital maintained an Outperform rating and $54.00 price target on Verizon Communications (NYSE: VZ) following the company's 4Q earnings report. VZ delivered robust 4Q subscriber results, which helped ease investors' fears of subscriber loss due to aggressive pricing moves by TMUS; and S. Consolidated revenue of $34.3B was ahead of consensus of $34.1B, driven primarily by the inclusion of... More