Trefis has a pessimistic outlook on Verizon Communications (VZ) stock, suggesting it could fall to $35 despite a recent 26% jump to $49.86. The assessment highlights weak operating performance, financial condition, and downturn resilience, making the stock risky even with a low valuation. The company’s growth is weak, but profitability is strong, while financial stability and resilience to downturns are concerning.
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Verizon Communications Stock To $35?
Trefis has a pessimistic outlook on Verizon Communications (VZ) stock, suggesting it could fall to $35 despite a recent 26% jump to $49.86. The assessment highlights weak operating performance, financial condition, and downturn resilience, making the stock risky even with a low valuation. The company’s growth is weak, but profitability is strong, while financial stability and resilience to downturns are concerning.