Sarasin Initiates Verizon At Neutral

Analysts at Sarasin initiated coverage on Verizon Communications VZ with a Neutral rating. Verizon shares have dropped 0.55% over the past 52 weeks, while the S&P 500 index has surged 13.65% in the same period. Verizon's shares rose 0.42% to $50.54 in pre-market trading.