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Verizon’s Postpaid Net Adds In Focus; These Analysts Dive Into Q2 Results

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Shares of Verizon Communications Inc. (NYSE:VZ) were under pressure in early trading on Tuesday, after declining more than 6% following the company’s second-quarter results.

The results came amid an exciting earnings season. Here are some key analyst takeaways.

  • RBC Capital Markets analyst Jonathan Atkin reiterated a Sector Perform rating and price target of $42.
  • KeyBanc Capital Markets analyst Brandon Nispel maintained an Overweight rating and price target of $46.

Check out other analyst stock ratings.

RBC Capital Markets: Verizon reported its quarterly revenues and EBITDA broadly in-line with consensus, Atkin said in a note. FCF delivered a beat on the timing of capex. While adjusted earnings of $1.15 per share matched …

Full story available on Benzinga.com

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