Verizon Communications experienced a widespread service outage on Wednesday, affecting cellular data and voice services for customers across the U.S. The company attributed the outage to a software issue and is offering $20 credits to affected customers. Despite a 3% drop in stock value during the outage, Verizon remains one of the largest telecom companies in the U.S. with 210 million wireless customers and a market capitalization of $166 billion. The company posted revenue of $33.8 billion in the third quarter, with net income jumping 48% to $5.05 billion. Analysts hold positive views on Verizon, with a mean price target of $47 suggesting potential gains of 20%.

Read more at Barchart: Does a Major Disruption Like Wednesday’s Verizon Outage Even Move the Needle for VZ Stock? What You Need to Know.