UPDATE: Jefferies Raises PT on Verizon Communications on Record Wireless EBITDA Margins

In a report published Friday, Jefferies analyst Thomas Seitz reiterated a Buy rating on Verizon Communications (NYSE: VZ ), and raised the price target from $52.00 to $56.00. In the report, Seitz noted, “We believe Verizon continues to take market share in the postpaid segment while cost management initiatives and