The Latest Breaking News from VZ

Verizon Communications Inc (NYSE:VZ) looks to build a private 5G network for BlackRock Inc at its new Hudson Yards headquarters, juicing up rivalry with AT&T Inc (NYSE:T) and T-Mobile US Inc (NASDAQ:TMUS). Verizon said that the new 5G wireless technology could replace Wi-Fi and give BlackRock the ability to use applications like virtual reality and edge computing that require…

Analysts had mixed views on Verizon Communications Inc (NYSE:VZ) post Q4 earnings. Deutsche Bank analyst Bryan Kraft raised the price target on Verizon to $59 from $57 (15% upside) and reiterated a Hold rating on the shares.  The analyst sees about 8% upside in the stock over the next 12 months, with the target increasing…

Someone with a lot of money to spend has taken a bullish stance on Verizon Communications (NYSE:VZ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Verizon Communications Inc (NYSE:VZ) reported a fourth-quarter FY21 sales decline of 1.8% year-on-year, to $34.1 billion, beating the consensus of $33.9 billion. Adjusted EPS of $1.31 beat the consensus of $1.29. Total Verizon Consumer revenue grew 7.4% Y/Y to $25.7 billion, driven by strong demand for its higher-tier premium mobility and broadband offerings.…