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Vz stock price today forecast shows Verizon holding above its 50-day

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VZ stock price today forecast shows Verizon holding above its 50-day moving average near $40.05; options volume signals accumulation, suggesting institutional players expect a breakout fueled by improving broadband adoption rates in urban markets. · Verizon is a leader in the U.S. telecommunications industry. The company was created in July 2000 when Bell Atlantic and GTE merged. Net additions were good across the network. FIOS continues to gain traction and is on track to reach its goals. The only bad news is that the net additions are slowing. However, sustained growth, better-than-expected quarterly numbers, and increased market share offset the slowdown. Analysts reviewing the vz stock price today forecast point to low beta volatility and consistent quarterly dividends as stabilizing factors, keeping investor confidence intact in a turbulent macro backdrop.