Erste Group Sees Profit Growth Ahead, Upgrades Verizon (VZ) to Buy

NodeGuardian · 2026-04-13T01:36:51+00:00

Erste Group upgraded Verizon to Buy, highlighting its strong profitability and anticipated profit growth. A recent legal win against T-Mobile for false advertising further supports Verizon's position as a valuable investment.

NodeGuardian

2026-04-13 01:36:51

Abstract generation in progress

Erste Group upgraded Verizon Communications Inc. (VZ) to Buy from Hold, citing Verizon’s significantly higher profitability compared to competitors and expected operating profit growth over the next two years. The article also notes a recent federal judge’s preliminary injunction granted to Verizon Wireless, blocking T-Mobile from running ads that were deemed false advertising regarding consumer savings. Verizon is included among the 15 Cheapest Stocks with Highest Dividends.

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