Piper Jaffray Remains Neutral On Verizon, $36 PT (VZ)

Piper Jaffray left its Verizon VZ Neutral rating and $36 price target unchanged in a research note published today.

In the report, Piper Jaffray states, "We recently concluded our quarterly wireless retail surveys. Based on these checks, we believe net customer growth was lighter than we were expecting, but that ARPU is likely better.

Shares of Verizon were at $35.50 in pre-market trading at the time of posting, up 0.48% from Thursday's market close.