These Analysts Raise Their Forecasts On Verizon Following Better-Than-Expected Q2 Earnings
Verizon (VZ) reported Q2 earnings above expectations but missed on revenue. Analysts raised price targets, with a current estimate of $4.99-$5.04.
Verizon made more profit than people thought it would in the last three months, even though it sold a bit less stuff than expected. Analysts (money experts who study companies) got more hopeful about Verizon's future, so they raised their guesses about how much the stock might be worth.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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