** Telecom company Verizon Communication VZ.N beat profit and subscriber forecasts on Wednesday, driven by strong demand from iPhone-related promotions

** Median PT of 25 brokerages covering the stock is $47 - as per data compiled by LSEG

NETWORK OF PROMISES

** Scotiabank ("sector perform," PT: $51) says co may start offering quiet promotions to retain customers which could raise costs but cost cuts may balance it and results likely won’t show until 2026

** Evercore ISI ("outperform," PT: $48) expects co can cut costs to manage new customer expenses but any push to grow will trigger competition and keep uncertainty high for Verizon and its rivals next year

** TD Cowen ("buy," PT: $51) believes consumer growth may come from lower churn as gross adds remain strong; adds visibility is limited and competitive pressure along with pricing and network challenges leave the path forward unclear

** J.P. Morgan ("neutral," PT: $47) says co’s valuation looks attractive compared to peers but unlocking upside will depend on clearer execution of growth plans and stronger long-term cash flow performance

(Reporting by Kanishka Ajmera in Bengaluru)

((Kanishka.Ajmera@thomsonreuters.com))