Verizon Beats Expectations, Boosts Outlook — Here's Why Analysts Still See More Room To Grow
1. Verizon reported 5.2% revenue growth, reaching $34.5 billion. 2. Company expects significant free cash flow increase to $19.5-$20.5 billion. 3. Analysts raised price targets after strong second-quarter results. 4. Management shifted focus from subscriber growth to revenue and EBITDA. 5. Dividend yield remains attractive at ~6.5% despite mixed subscriber performance.