Daiwa upgraded Verizon (VZ) to Buy from Outperform with a price target of $58, up from $48. The company reported “stellar” Q4 metrics with 616,000 postpaid phone net additions, the best result since 2019, the analyst tells investors in a research note. The firm sees the “strong” customer adds in Q4 as sustainable in 2026. It cites the stock’s low valuation for the upgrade and believes Verizon offers the best risk/reward in telecom sector.
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