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VZ

Verizon

$57.51

0.69 (1.21%)

11:49
06/12/19
06/12
11:49
06/12/19
11:49

Huawei claims Verizon should pay fees for patents used in Its network, WSJ says

  • 12

    Jun

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  • 01

    Aug

VZ Verizon
$57.51

0.69 (1.21%)

05/30/19
UBSW
05/30/19
DOWNGRADE
Target $59
UBSW
Neutral
Verizon downgraded to Neutral from Buy at UBS
UBS analyst John Hodulik downgraded Verizon Communications to Neutral from Buy with an unchanged price target of $59. The stock closed yesterday down 55c to $58.18. With the valuation back in-line with historical levels and more difficult comps ahead, Verizon's risk/reward is more balanced at current share levels, Hodulik tells investors in a research note. The analyst, however, continues to believe the company is well positioned as a defensive investment with low-single-digit core growth and a sustainable yield. He also expects wireless fundamentals to remain "healthy."
05/30/19
05/30/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Verizon (VZ) downgraded to Neutral from Buy at UBS with analyst John Hodulik saying with the valuation back in-line with historical levels and more difficult comps ahead, Verizon's risk/reward is more balanced at current share levels. 2. Canada Goose (GOOS) downgraded to Neutral from Buy at BofA/Merrill with analyst Robert Ohmes saying the Direct-to-Consumer, or DTC, slowdown indicates saturation risk and warrants a lower multiple. 3. ViaSat (VSAT) downgraded to Market Perform from Outperform at Raymond James with analyst Rick Prentiss saying shares are up 55% year-to-date, reflecting good news, and expects an increase in R&D and capex from VS-3 satellite builds and deployments, expanding LatAm operations, and acquiring STCs. 4. Teva (TEVA) double downgraded to Underperform from Buy at BofA/Merrill with analyst Jason Gerberry saying Teva's financial downside to ongoing opioid litigation is difficult to gauge and the highly fragmented nature of the lawsuits makes a global settlement unlikely. 5. Toll Brothers (TOL) downgraded to Market Perform from Outperform at Raymond James with analyst Buck Horne saying he is "concerned" that shares will be range-bound near-term due to reduced estimates, a lack of upcoming catalysts, and lingering West Coast issues. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/31/19
OPCO
05/31/19
NO CHANGE
OPCO
Outperform
AT&T, Verizon may trade down on Amazon/Boost Mobile news, says Oppenheimer
Following reports that Amazon (AMZN) is interested in buying Boost Mobile from T-Mobile (TMUS) and Sprint (S), Oppenheimer analyst Timothy Horan tells investors in a research note that he believes a deal would be "highly disruptive" to the industry, but would enable the merger approval for the Sprint-T-Mobile deal. The analyst sees Outperform-rated AT&T (T) and Perform-rated Verizon (VZ) trading down on the news, and Sprint trading higher.
05/31/19
JPMS
05/31/19
NO CHANGE
JPMS
Verizon, AT&T selloffs present buying opportunities, says JPMorgan
JPMorgan analyst Philip Cusick believes Amazon.com (AMZN) is unlikely to enter the wireless market via an acquisition of Boost Mobile, as reported last night by Reuters. As a result, he believes the selloffs today in shares of Verizon Communications (VZ) and AT&T (T) present buying opportunities.

TODAY'S FREE FLY STORIES

CMCM

Cheetah Mobile

$3.76

-0.21 (-5.29%)

05:28
06/17/19
06/17
05:28
06/17/19
05:28
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AKBA

Akebia

$4.09

-0.19 (-4.44%)

, FGEN

FibroGen

$40.63

-0.72 (-1.74%)

05:26
06/17/19
06/17
05:26
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05:26
Recommendations
Akebia, FibroGen analyst commentary  »

Piper says buy Akebia…

AKBA

Akebia

$4.09

-0.19 (-4.44%)

FGEN

FibroGen

$40.63

-0.72 (-1.74%)

03/08/13
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VEOEY

Veolia Environment

$0.00

(0.00%)

05:22
06/17/19
06/17
05:22
06/17/19
05:22
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Veolia Environment initiated  »

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SZEVY

Suez

$0.00

(0.00%)

05:21
06/17/19
06/17
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05:21
Initiation
Suez initiated  »

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EONGY

E.ON

$0.00

(0.00%)

05:21
06/17/19
06/17
05:21
06/17/19
05:21
Initiation
E.ON initiated  »

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RWEOY

RWE AG

$0.00

(0.00%)

05:20
06/17/19
06/17
05:20
06/17/19
05:20
Initiation
RWE AG initiated  »

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05:20
06/17/19
06/17
05:20
06/17/19
05:20
General news
FX Action: USD-JPY has settled lower after eking out a six-day high »

FX Action: USD-JPY has…

UUGRY

United Utilities

$0.00

(0.00%)

05:19
06/17/19
06/17
05:19
06/17/19
05:19
Initiation
United Utilities initiated  »

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STRNY

Severn Trent

$0.00

(0.00%)

05:18
06/17/19
06/17
05:18
06/17/19
05:18
Initiation
Severn Trent initiated  »

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PEGRF

Pennon Group

$0.00

(0.00%)

05:18
06/17/19
06/17
05:18
06/17/19
05:18
Initiation
Pennon Group initiated  »

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EGFEY

EFG Eurobank

$0.00

(0.00%)

05:16
06/17/19
06/17
05:16
06/17/19
05:16
Downgrade
EFG Eurobank rating change  »

EFG Eurobank downgraded…

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NBG

National Bank of Greece

$0.00

(0.00%)

05:16
06/17/19
06/17
05:16
06/17/19
05:16
Downgrade
National Bank of Greece rating change  »

National Bank of Greece…

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NGG

National Grid

$52.56

0.635 (1.22%)

05:14
06/17/19
06/17
05:14
06/17/19
05:14
Initiation
National Grid initiated  »

National Grid initiated…

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TEL

TE Connectivity

$90.67

-1.44 (-1.56%)

05:12
06/17/19
06/17
05:12
06/17/19
05:12
Downgrade
TE Connectivity rating change  »

TE Connectivity…

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ST

Sensata

$45.84

-1.285 (-2.73%)

05:12
06/17/19
06/17
05:12
06/17/19
05:12
Downgrade
Sensata rating change  »

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APH

Amphenol

$94.30

-2.64 (-2.72%)

05:12
06/17/19
06/17
05:12
06/17/19
05:12
Downgrade
Amphenol rating change  »

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SAP

SAP

$127.69

-1.11 (-0.86%)

05:10
06/17/19
06/17
05:10
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05:10
Upgrade
SAP rating change  »

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  • 09

    Jul

E

Eni SpA

$31.24

-0.1 (-0.32%)

05:09
06/17/19
06/17
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Upgrade
Eni SpA rating change  »

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EQNR

Equinor

$19.44

-0.06 (-0.31%)

05:08
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  • 25

    Jul

ROYMY

Royal Mail

$0.00

(0.00%)

05:07
06/17/19
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05:07
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Royal Mail rating change  »

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DOW

Dow Inc.

$51.12

-1.77 (-3.35%)

05:05
06/17/19
06/17
05:05
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05:05
Downgrade
Dow Inc. rating change  »

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NRDBY

Nordea Bank

$0.00

(0.00%)

05:04
06/17/19
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05:04
Downgrade
Nordea Bank rating change  »

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KMI

Kinder Morgan

$20.53

(0.00%)

05:03
06/17/19
06/17
05:03
06/17/19
05:03
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Kinder Morgan rating change  »

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SYMC

Symantec

$19.36

-0.22 (-1.12%)

05:00
06/17/19
06/17
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05:00
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Symantec rating change  »

Symantec upgraded to Buy…

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OGE

OGE Energy

$43.42

0.17 (0.39%)

04:56
06/17/19
06/17
04:56
06/17/19
04:56
Initiation
OGE Energy initiated  »

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