Verizon (VZ -1%) and AT&T (T -1.1%) shares slip after RBC Capital cuts growth targets for...

|About: Verizon Communications (VZ)|By:, SA News Editor

Verizon (VZ -1%) and AT&T (T -1.1%) shares slip after RBC Capital cuts growth targets for both wireless carriers, seeing "few sustainable catalysts given a flatter postpaid growth trajectory and a weaker starting point for 2012 wireline margins." The firm cuts estimates for net post-paid wireless subscriber growth for both VZ and T by 30%-plus. (earlier)