BNP Paribas Exane Downgrades Verizon Communications (VZ) to Neutral

By Yahoo! Finance   |   1 month ago
BNP Paribas Exane Downgrades Verizon Communications (VZ) to Neutral

Verizon Communications Inc. (NYSE:VZ) is considered undervalued for long-term investment. Analysts raised concerns over the company's leadership change and strategic direction. They suggest investors consider wireless over cable stocks. The company faces challenges with net losses in subscribers and increased competition.

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