Verizon Communications (VZ) Tops Q3 EPS by 5c, Offers Guidance
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October 21, 2021 9:12 AM EDT
Verizon (NYSE: VZ) and Nissan North Americas Research and Advanced Engineering team have completed a research proof-of-concept demonstrating how sensor data from vehicles and surrounding infrastructure can be processed at the edge of Verizons wireless network and communicated back to vehicles for urgent driver notifications in near real time. The test successfully applied that process -- an example of cellular vehicle-to-everything communication (C-V2X) -- to scenarios in which drivers may find it difficult to see vulnerable pedestrians or oncoming traffic emerging from behind visual obstructions. The Contra Costa Transportation Authority (CCTA) will... More
October 21, 2021 8:42 AM EDT
Cowen analyst Colby Synesael raised the price target on Verizon Communications (NYSE: VZ) to $71.00 (from $68.00) while maintaining an Outperform rating.
The analyst commented, "VZ reported good 3Q21 results raised 2021 guidance and provided color on FWA including 150K subs. As we await 5G... More
