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Goldman added Verizon to its conviction buy list and said it thinks the company offers investors an attractive combination of risk and return due to its stable wireless business among other things.to the Conviction List as we see the stock offering investors the most attractive combination of total return and risk owing to its stable wireless business, well-covered dividend and strong balance sheet. ...
This isbecause a large majority Verizon's revenues come from selling wireless connectivityservices to consumers and businesses in the US."Bernstein raised its price target on the stock to a street high and said the company would see "near-term" and "long-term" benefits from the "stay-at-home era.". We expect the near-term benefits include some combination of reduced churn, increased gross adds, and higher ARPU .
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