Verizon Is Headed For Perpetual Debt Unless The Dividend Is Cut (Rating Upgrade)

David Ramos Thesis In my previous analysis of Verizon Communications, Inc. (NYSE:VZ), I assigned a "sell" rating despite my models indicating a fair price of $40.4. This rating was primarily influenced by concerns related to the company's substantial debt. In this follow-up article, I will increase the rating to "hold", highlighting the persistent challenges tied to Verizon's financial obligations, nevertheless, investors' willing to go into it and therefore pushing momentum. Upon reevaluating the compa ...