UPDATE: Morgan Stanley Resumes Coverage on Verizon Communications on Good Market Position

By: via Benzinga
In a report published Thursday, Morgan Stanley analyst Simon Flannery resumed coverage on Verizon Communications (NYSE: VZ ) with an Overweight rating and $52.00 price target. In the report, Morgan Stanley noted, “Valuation looks attractive, as the market seems to be pricing in the impact of the flow back (Vodafone
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