Verizon Downgraded On Wireless Woes; Earnings Jan. 22

By | January 14, 2015

Scalper1 News

Verizon Communications (VZ) might fail to garner near-term rewards from its hefty wireless investments amid an industry price war, says investment banking advisory firm Evercore ISI, which downgraded the stock to hold late Tuesday. Verizon stock was near 47, down a fraction, in early trading on the stock market today, and it’s down 10% the past two months. Verizon has aimed to set itself apart from rivals by investing in network upgrades, Scalper1 News

Scalper1 News