Home › Verizon Stock Downgraded On Slower Wireless Growth
 

Keywords :   


Verizon Stock Downgraded On Slower Wireless Growth

2014-11-24 17:20:26| Wireless - Topix.net

Michael Rollins, the Citigroup analyst, cut Verizon to neutral from overweight. He lowered his price point to 51 from 53. "We are reducing our rating on Verizon to neutral as we now expect below-consensus EPS for 2015 based on higher costs of capacity and slower revenue growth from greater rate plan competition," Rollins wrote in a research report Monday.

Tags: stock growth wireless slower

Category:Telecommunications

Latest from this category

All news
»
05.10Tropical Storm Milton Public Advisory Number 2
05.10Hurricane Kirk Graphics
05.10Hurricane Kirk Forecast Discussion Number 26
05.10Tropical Storm Milton Graphics
05.10Hurricane Kirk Wind Speed Probabilities Number 26
05.10Hurricane Leslie Graphics
05.10Hurricane Kirk Public Advisory Number 26
05.10Summary for Hurricane Kirk (AT2/AL122024)
More »