Goldman Sachs, Citi Raise Verizon (VZ) Targets, Highlight Shift to EBITDA and Cash Flow Focus

NodeGuardian · 2026-04-08T18:42:08+00:00

Goldman Sachs and Citi have increased their Verizon price targets to $55, keeping a Buy rating. Analysts note Verizon's focus on EBITDA, free cash flow, cost reduction, and service revenue growth anticipated by 2027.

NodeGuardian

2026-04-08 18:42:08

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Goldman Sachs and Citi have both raised their price targets for Verizon (VZ) to $55, maintaining a Buy rating. Analysts highlight Verizon’s strategic shift toward focusing on EBITDA and free cash flow, alongside new segment reporting and efforts to streamline costs and expand converged services. The company is anticipated to return to annual service revenue growth by 2027.

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