Goldman Sachs Maintains Neutral on Verizon Communications, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brett Feldman maintains a Neutral rating on Verizon Communications (NYSE:VZ) and lowers the price target from $41 to $36.
July 26, 2023 | 1:50 pm
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NEGATIVE IMPACT
Goldman Sachs has lowered its price target for Verizon Communications from $41 to $36, while maintaining a Neutral rating.
The lowering of the price target by Goldman Sachs indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Verizon's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100