Market Overview

UPDATE: Hudson Square Research Upgrades Verizon Communications to Hold on Outlook

Related VZ
Markets In Rally Mode: S&P 500 And Nasdaq Surge As Dow Lags
UPDATE: Verizon Q3 Profit Misses Street View
Earnings Kickoff: What to Expect from 3Q Results (Fox Business)

Hudson Square Research upgraded Verizon Communications (NYSE: VZ) from Sell to Hold.

Hudson Square Research noted, "Verizon reported mixed 4Q results on Tuesday morning, in our opinion. Management's outlook for 2013 was positive, with wireless margins expected to climb 200-300bp. We are upgrading the stock from Sell to Hold on this outlook."

Verizon Communications closed at $42.92 on Tuesday.

Latest Ratings for VZ

DateFirmActionFromTo
Jul 2014MacquarieDowngradesOutperformNeutral
Jul 2014JP MorganMaintainsOverweight
Jul 2014Raymond JamesMaintainsOutperform

View More Analyst Ratings for VZ
View the Latest Analyst Ratings

Posted-In: Hudson Square ResearchAnalyst Color Upgrades Intraday Update Analyst Ratings

 

Related Articles (VZ)

Around the Web, We're Loving...

Get Benzinga's Newsletters