JPMorgan Cuts Verizon (VZ) to Neutral as Industry Growth Slows, Capacity Increases
- Wall St opens lower as Meta Platforms, economic data weigh
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Dollar firmer on higher U.S. inflation; yen sinks vs euro, US currency
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- Meta Platforms, IBM, Caterpillar fall premarket; American Airlines, Chipotle rise
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Verizon Communications (VZ) PT Lowered to $61 at Goldman Sachs
January 26, 2022 6:31 AM ESTGoldman Sachs analyst Brett Feldman lowered the price target on Verizon Communications (NYSE: VZ) to $61.00 (from $63.00) while maintaining a Buy rating.
... MoreVerizon Communications (VZ) PT Raised to $57 at Deutsche Bank
January 25, 2022 6:45 AM ESTDeutsche Bank analyst Bryan Kraft raised the price target on Verizon Communications (NYSE: VZ) to $57.00 (from $56.00) while maintaining a Hold rating.... More