Verizon lifts free cash flow forecast as promotions drive subscriber growth
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Barclays sees momentum continuing into 2024 for Verizon Communications (VZ)
October 25, 2023 11:05 AM EDTVerizon Communications (NYSE: VZ) was raised to Overweight from Equal Weight at Barclays on Wednesday, with analyst Kannan Venkateshwar raising the price target on the stock to $38 from $37 per share.
The analyst told investors in a note that the improvement in second derivatives for Verizon is not reflected in the company's current valuation.
"We believe the... More
