Verizon Stock Upgraded: What You Need to Know

Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...

2017 has not been a great year for Verizon Communications (NYSE: VZ) shareholders. Verizon stock has lost 15% of its value since the year began, and with barely a month remaining in the year, there's not much time left for Verizon to make up for lost ground.

Next year, however, could be another matter.

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Source: Fool.com