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Verizon (VZ) Shares Lead Telecoms Fall After Analyst Downgrade
Wednesday, January 27, 2010 - 1:51pm | 122Shares of Verizon Communications Inc. (NYSE: VZ) and other telecom stocks fell after the brokerage FBR Research downgraded Verizon's stock from outperform to market perform. The downgraded was preceded by Verizon stating that the U.S. economy was not recovering as quickly as they had estimated....