Verizon Communications (VZ) News Today

Verizon Communications (NYSE: VZ) is trading higher today as investors weigh strong earnings growth in its Irish unit, analyst upgrades, and bullish derivatives activity alongside mixed analyst views and a customer‐service controversy.

• Positive Sentiment: Verizon’s Irish unit posted a 52% jump in profits to $1.44 billion in the latest quarter Profits at Verizon Irish unit increase by 52% to $1.44bn
• Positive Sentiment: Arete Research raised VZ to a “strong-buy” rating in a new note Verizon Communications (NYSE:VZ) Raised to "Strong-Buy" at Arete Research
• Positive Sentiment: Large volumes of call options on VZ suggest investors are positioning for further gains Stock Traders Buy Large Volume of Call Options on Verizon Communications (NYSE:VZ)
• Positive Sentiment: Verizon pledged $100,000 to Texas flood relief and waived customer fees in affected areas Verizon Pledges $100,000 to Texas Flood Relief, Waives Customer Fees in Affected Areas
• Neutral Sentiment: VZ appears on a list of highest-yielding S&P 500 stocks for income-seeking investors “Nobody Ever Went Broke Taking a Profit” – Grab The Highest-Yielding S&P 500 Stocks Right Now
• Neutral Sentiment: A Zacks report highlights tech names, including VZ, as potential earnings surprises using its Earnings ESP tool Why Investors Need to Take Advantage of These 2 Computer and Technology Stocks Now
• Neutral Sentiment: Zacks features VZ among firms with strong cash flows that support dividends and debt reduction These 3 Companies Generate Big Cash
• Neutral Sentiment: Wells Fargo lifted VZ’s price target from $42 to $43 while keeping an equal-weight rating Verizon Communications (NYSE:VZ) Price Target Raised to $43.00 at Wells Fargo & Company
• Neutral Sentiment: Bank of America reinstated coverage on VZ with a neutral rating and $45 price target BofA Reinstates Coverage of Verizon Communications (VZ) with a Neutral Rating
• Neutral Sentiment: Morgan Stanley reiterated an equal-weight rating and set a $47 target (12.9% upside) Verizon Communications' (VZ) Equal Weight Rating Reiterated at Morgan Stanley
• Negative Sentiment: Verizon’s plan to throttle high-use customers has raised alarm over potential churn and service complaints Verizon’s move to slow down fleeing customers raises alarm bells