This Is What Whales Are Betting On Verizon Communications
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Verizon Communications (NYSE:VZ), with 70% of the investors opening trades with bullish expectations and 30% with bearish. The whale has been targeting a price range from $30.0 to $80.0 for Verizon over the last 3 months. The price of VZ is up 0.24% at $37.28. HSBC has maintained their Hold rating on Verizon, which currently sits at a price target of $39.
July 03, 2023 | 7:47 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
A whale investor has taken a bullish stance on Verizon Communications, with the majority of trades being bullish. The price of VZ is up 0.24% at $37.28. HSBC has maintained their Hold rating on Verizon, which currently sits at a price target of $39.
The bullish stance of a whale investor, along with the majority of trades being bullish, indicates a positive sentiment towards Verizon Communications. This, combined with the fact that the price of VZ is up and HSBC has maintained their Hold rating, suggests a potential increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100