Bank of America downgrades Verizon, says 5G growth has yet to materialize
Verizon will continue to face near-term challenges around subscriber growth, as it waits for 5G to pay off, according to Bank of America. Analyst David Barden downgraded shares of Verizon to neutral from buy, saying in a Thursday note that the wireless network operator’s big bet on 5G has yet to pay off — as … Read more