TD Cowen raised the firm’s price target on Verizon (VZ) to $56 from $50 and keeps a Buy rating on the shares. The firm noted the company posted upside 2Q25 financial results, better Consumer phone losses, increased EBITDA guidance, and most importantly increased FCF by $2B largely driven by the Trump tax reform.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VZ:
- Verizon price target raised to $49 from $45 at BofA
- Verizon price target raised to $48 from $47 at Morgan Stanley
- Cautious Outlook for Verizon Amid Competitive Challenges and Adjusted Financial Guidance
- Verizon’s Hold Rating: Balancing Positive Financial Growth with Competitive Challenges
- Verizon Stock (VZ) Pops as Q2 Beat and Guidance Hike Impress Wall Street