Scotiabank raised the firm’s price target on Verizon to $46.50 from $45.50 and keeps a Sector Perform rating on the shares. The firm continues to have a positive investment view on U.S. wireless services due to improving pricing trends and stable subscriber loading, the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VZ:
- Unfold a new world of Galaxy AI at Verizon with the new Samsung Galaxy Z Fold6 and Z Flip6
- Goldman Sachs Says Now Is the Best Time to Buy Telecom Stocks — and These 2 Names Are Leading the Charge
- Birkenstock upgraded, Charter initiated: Wall Street’s top analyst calls
- Verizon initiated with a Buy at Goldman Sachs
- Why Verizon Stock (NYSE:VZ) Could be a Strategic, Defensive Buy Right Now