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Cannibalization from the value segment risks hindering core postpaid wireless business growth.
After two rounds of cost cuts propped up EBITDA, Verizon is out of options and facing 3%+ expense growth.
I rate Verizon stock a hold at a price target of $38.
I am initiating coverage on Verizon Communications ( VZ ) following some interesting trends I noticed while researching an analysis on a competitor....