UPDATE: Canaccord Genuity Upgrades Verizon Communications to Buy on Improved 2013 Outlook
Canaccord Genuity upgraded Verizon Communications (NYSE: VZ ) from Hold to Buy and increased its price target from $47.00 to $50.00. Canaccord Genuity noted, "With subscriber momentum clearly in its favor and with a big lead in its 4G deployment, we believe Verizon's wireless business is now stronger than
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