Morgan Stanley Reiterates Overweight on Verizon Communications, Maintains $44 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simon Flannery has reiterated an Overweight rating on Verizon Communications (NYSE:VZ) and maintained a $44 price target.
July 18, 2023 | 2:39 pm
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Verizon Communications' stock rating has been reiterated as Overweight by Morgan Stanley, with a maintained price target of $44.
The reiteration of an Overweight rating by a major financial institution like Morgan Stanley indicates a positive outlook for Verizon Communications. This could potentially lead to an increase in investor confidence and a positive impact on the stock's short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100