Verizon (VZ) Tops Q2 EPS by 1c
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FBR Capital Upgrades Verizon Communications (VZ) to Outperform
July 24, 2014 8:11 AM EDTFBR Capital upgraded Verizon Communications (NYSE: VZ) from Market Perform to Outperform with a price target of $57.00 (from $55.00).
Analyst David Dixon said, "Our more constructive outlook is driven by: (1) an expected near-term M&A-based tailwind from the expected announcement of a Sprint/T-Mobile combination (which the market is increasingly discounting incorrectly, in our view) and an increase in deal... More
