Sell-side analysts as a group expect Verizon to outperform the market and have rated the stock a buy or overweight. Mean targets put the price of the stock around $54 with $59 as a high target and $54...
as a low target. Citi has the stock priced at $53 with a buy rating due to solid growth in the wireless segment with the target price potentially rising if deal structure for the takeover is favorable for the company. Barclays has suspended its rating suggesting investors should wait for further news on the takeover deal. Credit Suisse is neutral on the stock due to high market saturation and cutthroat competition in the Industry. Their target price is $53.
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