TD COWEN reiterates a purchase note on VERIZON Communications (VZ) with a PT of $ 50

Verizon Communications Inc. (NYSE: VZ) is one of the best cheap shares of less than $ 50 to buy now. In a report published on July 7, Michael Elias of TD Cowen maintained a purchase note on Verizon Communications Inc. (NYSE: VZ) and set a price target of $ 50.00.
A smiling customer receiving customer contact center solutions on his smartphone.
Verizon Communications Inc. (NYSE: VZ) reported a BPA of $ 1.15 in T1 2025 tax, against $ 1.09 in the same quarter last year. The BPA adjusted for the quarter, excluding special items, also increased from $ 1.15 in T1 2024 and $ 1.19 in 1st 2025.
Total quarter turnover increased by $ 33.5 billion by $ 33.5 billion, while operations cash flows increased from $ 7.1 billion in the first quarter of 2024 to $ 7.8 billion in the first quarter of 2025.
Verizon Communications Inc. (NYSE: VZ) also declared net -strip added of 339,000, as well as $ 20.8 billion in total wireless service income in the first quarter of 2025.
Verizon Communications Inc. (NYSE: VZ) provides communication, information and entertainment services. Its operations are divided into consumption and business segments.
The consumer segment manages wired and wireless communication products and services focused on consumers. On the other hand, the company segment focuses on services and products such as data, FWA broadband, video and conference services, business networking solutions, etc.
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Read then: 30 actions that should double in 3 years And 11 Hidden AI stocks to buy now.
Disclosure: None. This article is initially published at Initiate monkey.