Reported about 2 months ago
Verizon's stock has struggled since disappointing second-quarter results, but analyst Gregory Williams from TD Cowen remains optimistic, maintaining a $51 price target, indicating a potential 26% upside. His positive outlook comes after insights gained from a recent investor meeting with Verizon executives, where he noted the expected completion of Verizon's 5G C-band rollout by 2025 and the anticipated boost from AI-integration in upcoming phone models.
Source: YAHOO