Analyst Moves: VZ, T, MTN, RIG
September 26, 2012 at 12:46 PM EDT
This morning, Oppenheimer raised its price target on both Verizon (VZ) and AT&T (T) as lower iPhone subsidies will improve earnings. The firm set a $42 price target on AT&T and a $52 price target on Verizon while maintaining its outperform rating on both stocks.
