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Goldman and Citi Lift Verizon Price Targets to $55 as Focus Shifts to Cash Flow

Wall Street endorsement points to a cash‑flow pivot likely to shift how investors value Verizon.

Overview

  • Goldman Sachs and Citigroup raised Verizon’s price targets to $55 and reiterated Buy ratings.
  • Verizon plans new segment reporting that highlights EBITDA, free cash flow, and customer accounts instead of narrow subscriber counts.
  • Analysts expect stable postpaid subscriber additions but warn that average bills may face pressure from discounts and pricing changes.
  • Recent figures point to strong cash generation and broadband momentum, with $19.8 billion in 2024 free cash flow and 4.6 million fixed wireless users.
  • Backers of the strategy cite fiber build‑out and the Frontier integration as drivers of account revenue and lower churn, even as the company carries a large debt load.