Why Verizon Stock Popped Today
Verizon Communications (NYSE: VZ) stock gained 2.1% through 1:45 p.m. ET Wednesday after the company reported mixed earnings.
Heading into the telecommunications giant's third-quarter report, analysts forecast Verizon would earn $1.19 per share on $24.3 billion in revenue. Verizon beat the earnings number, returning $1.21 per share, but missed on sales, delivering only $33.8 billion.
Image source: Getty Images.
Source Fool.com
Verizon Communications Inc. Stock
€34.27
-1.480%
With 14 Buy predictions and not the single Sell prediction the community is currently very high on Verizon Communications Inc..
As a result the target price of 43 € shows a positive potential of 25.49% compared to the current price of 34.27 € for Verizon Communications Inc..
