Analyst: Multiple Reason to Avoid Verizon Stock

Shares of telecommunications giant Verizon Communications Inc. (NYSE:VZ) are 0.8% lower before the open following a bear note from Keybanc. The analyst downgraded VZ to "sector weight" from "overweight," noting multiple catalysts for this pessimism, including limited EBITDA growth potential in 2025, negative impacts from multiple acquisitions, and slowing improvements in the company's postpaid phone net additions. In addition to the downgrade, Deutsche Bank cut its target price on the Dow component from $44 ...