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Benzinga
Benzinga
Business
Priya Nigam

Verizon Surprises Market With CEO Shake-Up, Raising Questions About Strategic Shifts

Verizon Verizon Communications BofA Securities GE NYSE Verizon Communications Inc VZ
New,York,Usa,2023-04-20,Verizon,Building.,Telecommunications,Company,Offering,Cell

The announcement of Verizon Communications Inc's (NYSE:VZ) CEO change was surprising, both in terms of timing and selection, according to BofA Securities analyst Michael Funk.

The Verizon Communications Analyst: Funk maintained a Neutral rating and price target of $49.

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