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Raymond James Reiterates Outperform Rating on Verizon Communications (VZ)
December 12, 2024 5:38 AM ESTRaymond James analyst Frank Louthan reiterated an Outperform rating and $48.00 price target on Verizon Communications (NYSE: VZ).
The analyst comments "We remain at Outperform on shares of Verizon (VZ). The name remains defensive, making the total return story compelling for patient investors. The longer term fundamentals of Verizon remain in good shape, with consistent results and a ~6% yield, we believe the shares remain attractive. We are adjusting 4Q24 estimates and 2025 estimates to... More
