Piper Jaffray Reiterates Overweight Rating, $50 PT on Verizon Communications Ahead of TMT Conference

by Benzinga Staff
March 1, 2013 2:03 PM | 1 min read | Make a Comment

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In a report published Friday, Piper Jaffray reiterated its Overweight rating and $50.00 price target on Verizon Communications (NYSE: VZ).Piper Jaffray noted, “Terremark is the crown jewel of Verizon's datacenter and hosting strategy. Verizon has been quietly winning government contracts and expanding its footprint. What are Verizon's plans for the future of its datacenter and hosting business? Where will Verizon expand next? We will have Chris Drumgoole, SVP of Global Operations for Verizon's datacenter and hosting business on hand to answer these and other questions you may have. Our fireside chat will take place at 1 PM ET on March 12th.”Verizon Communications closed on Thursday at $46.53.

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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

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Posted In: Analyst ColorReiterationAnalyst RatingsPiper Jaffray

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