Verizon Stock Gets Goldman Upgrade
Goldman Sachs added Dow component Verizon Communications Inc. (VZ) to its “Conviction Buy” list on Wednesday morning, placing a $61.00 price target after a three-week 16% slide completed a short-term reversal in the upper $40s. The downdraft looks relatively minor compared to the majority of stocks in recent weeks, but this high-yield slow mover rarely carves…