Verizon wireless subscriber growth hits 5-yr high, profit view weak
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Go back to Verizon wireless subscriber growth hits 5-yr high, profit view weak
January 27, 2025 6:00 PM EST
Verizon Communications (NYSE: VZ) ended 2024 on a strong note, delivering robust postpaid and fixed wireless access (FWA) net additions in Q4, analysts at Bernstein highlighted in a note Monday.
According to the firm, the companys operational and go-to-market (GTM) improvements since 2023 provide a "net positive" outlook for 2025.
However, they maintained a Market-Perform rating on the stock with a price target of... More
January 27, 2025 9:15 AM EST
Raymond James analyst Frank Louthan lowered the price target on Verizon Communications (NYSE: VZ) to $45.00 (from $48.00) while maintaining a Outperform rating.
The analyst comments "We remain at Outperform on shares of Verizon (VZ) following 4Q results. Management posted a solid quarter and issued 2025 financial guidance. The name remains defensive with a compelling total return. Long term fundamentals remain intact, with sequentially improving results and mostly domestic, predictable, recurring... More
