Verizon to Sell Galaxy Nexus for $199.99 (VZ)
Verizon Wireless (NYSE:VZ) plans to sell the Samsung Galaxy Nexus smartphone, developed jointly with Google (NASDAQ:GOOG), for $199.99 with a contract, according to AndroidCentral, which cited online ads from Verizon.
Verizon Communications (NYSE:VZ) has potential upside of 9.8% based on a current price of $35.71 and an average consensus analyst price target of $39.23.
Verizon Communications should find initial resistance at its 200-day moving average (MA) of $36.51 and further resistance at its 50-day MA of $36.72.
In the last five trading sessions, the 50-day MA has remained constant while the 200-day MA has remained constant.
Verizon Communications should find initial resistance at its 200-day moving average (MA) of $36.51 and further resistance at its 50-day MA of $36.72.
Verizon Communications Inc. is an integrated telecommunications company that provides wire line voice and data services, wireless services, Internet services, and published directory information. The Company also provides network services for the federal government including business phone lines, data services, telecommunications equipment and payphones.
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Article source: http://www.fnno.com/story/news-corner/331-verizon-sell-galaxy-nexus-19999-vz-news-corner
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