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Verizon Communications Inc. (VZ) [hlAlert]

Rating:
Hold VZ
down 28.59 %

Verizon Communications Inc. (VZ) upgraded to Hold with price target $45 by Hudson Square Research

Posted on: Thursday,  Apr 18, 2013  1:25 PM ET by Hudson Square Research

Hudson Square Research rated Hold Verizon Communications Inc. (NYSE: VZ) on 04/18/2013. Previously Hudson Square Research rated Sell Verizon Communications Inc. (NYSE: VZ)
on 06/01/2011., when the stock price was $36.58. Since then, Verizon Communications Inc. has gained 40.05% as of 04/18/2013's recent price of $51.23.
If you would have followed the previous Hudson Square Research's recommendation on VZ, you would have lost 28.59% of your investment in 687 days.

Verizon Communications Inc. (Verizon) is a provider of communications services. The Company has two primary reportable segments: Domestic Wireless and Wireline. Domestic Wireless?s products and services include wireless voice, data services and other value-added services and equipment sales across the United States. Wireline?s communications services include voice, Internet access, broadband video and data, next generation Internet protocol (IP) network services, network access, long distance and other services. It provides these services to consumers, carriers, businesses and government customers both in the United States and internationally in 150 countries. In August 2008, Verizon announced that Verizon Wireless, a joint venture of the Company and Vodafone Group Plc, had completed its purchase of Rural Cellular Corporation, doing business as Unicel. In January 2009, Verizon Wireless completed its acquisition of Alltel Corporation from Atlantis Holdings LLC.

Hudson Square Research'team is comprised of an experienced group of analysts, each of whom has a strong base of industry knowledge and contacts within their sectors. Each analyst has over 10 years of experience and each has also been named to the Wall Street Journal's "Best on the Street" analyst rankings.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/18/2013 1:25 PM Hold
None
51.23 45.00
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD down  -18.39 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/1/2011 8:25 AM Sell
None
36.58 29.00

(*) Stock Price at the time of the recommendation.
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