Stock Pulse
Verizon implemented a 3-year price guarantee for its mobile and internet services to enhance customer loyalty and address rising costs, contrasting with competitors' less robust offerings [1]. This comes as Verizon stock saw a 33% increase since late 2023, outperforming the S&P 500, driven by 5G and fiber investments, subscriber growth, and improving profitability [2]. Evercore ISI upgraded Verizon to "Outperform" with a $48 price target, citing undervalued fiber initiatives [4], [5]. New initiatives include customizable business plans with price locks [7] and the integration of Google AI into customer service, boosting sales by nearly 40% [8], [10]. Despite recent positive performance, analysts predict modest revenue growth [3], [9], and potential challenges include capital investment demands and integration risks [9]. The company's strong cash flow supports a high dividend yield, attractive to income-seeking investors [6].