Verizon Powers Vay's Teledriving Electric Fleet With 5G Connectivity
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 24 2024
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Source: Benzinga
Vay and Verizon Partnership: Teledriving car-share company Vay has partnered with Verizon to integrate 5G connectivity into its fleet of teleoperated electric vehicles, enhancing their operations in the U.S. market.
Verizon's Financial Performance: Despite a slight revenue growth of 0.6% in Q2, Verizon is implementing cost-cutting measures due to disappointing results, including a significant severance charge and plans to exit non-strategic business areas.
Analyst Views on DJD
Wall Street analysts forecast DJD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DJD is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 58.910
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Current: 58.910
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
