Analysts at Macquarie downgraded Verizon Communications Inc. VZ from Neutral to Underperform.
The price target for Verizon Communications has been raised from $44.50 to $45.00.
Verizon Communications shares have gained 4.08 percent over the past 52 weeks, while the S&P 500 index has surged 10.96 percent in the same period.
Verizon Communications' shares declined 0.76 percent to $49.42 in pre-market trading.
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