Coverage of Verizon Communications Inc. (VZ) has been initiated by analysts at Bernstein with an outperform rating and a price target of $57 a share. The price target represent

Coverage of Verizon Communications Inc. (VZ) has been initiated by analysts at Bernstein with an outperform rating and a price target of $57 a share. The price target represents a potential upside of 16% from the stock’s current trading price. In the pre-market session, shares of VZ have edged up 0.06% to $49.20, and trade within a 52-week range of $45.08 – $52.78.