Bernstein Reiterates a Hold on Verizon Communications (VZ)

​Verizon Communications Inc. (NYSE:VZ) is one of the Best Communication and Media Stocks to Buy Now. On November 18, analyst Laurent Yoon from Bernstein reiterated a Hold rating on Verizon Communications Inc. (NYSE:VZ) with a $46 price target. ​The rating follows a report by Reuters released on November 13, which noted that the company’s new CEO is planning to cut 15,000 jobs. The report highlighted this layoff to be the largest ever in the company’s history. The layoff is anticipated to affect 15% of the ...