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Verizon Communications (NYSE:VZ) Hits New 1-Year High - Here's What Happened
Verizon Communications (NYSE:VZ) recently hit a new 52-week high of $50.59, with analysts generally maintaining a “Moderate Buy” consensus and a target price of $49.02. The company exceeded quarterly earnings estimates, provided strong FY2026 EPS guidance, and increased its quarterly dividend to $0.7075, resulting in a 5.6% yield. Despite some insider selling, institutional investors have been boosting their positions in the stock.