Verizon Communications Inc. (NYSE:VZ) received a target price increase from TD Cowen to $54 from $51 following better-than-expected phone subscriber additions in Q4. The stock saw a 12% increase in shares after reporting its fourth-quarter 2025 earnings, meeting full-year guidance, and achieving its strongest pace of net customer additions since 2019.

Verizon generated $20.1 billion in free cash flow over the past year, up from $19.8 billion the year before. With annual dividend payments of around $11.6 billion, the company has a solid cushion for investing in the business while continuing to return cash to shareholders. The company recently completed its acquisition of Frontier Communications, expanding its fiber footprint for long-term growth potential.

Verizon Communications Inc. (NYSE:VZ) operates as a holding company providing communication, technology, information, and streaming services to consumers, businesses, and government customers. Its Consumer segment offers wireless and wireline communication services. The company continues to focus on delivering strong financial performance and growth opportunities for investors.

Read more at Yahoo Finance: Verizon (VZ) Gets Target Hike From TD Cowen on Better-Than-Expected Phone Adds