Check Out What Whales Are Doing With Verizon Communications
Portfolio Pulse from Benzinga Insights
A 'whale' investor has taken a bullish stance on Verizon Communications (NYSE:VZ), with 50% of the investors opening trades with bullish expectations and 50% with bearish. The whale trades have targeted a price range from $25.0 to $80.0 for Verizon over the last 3 months. The price of VZ is currently down -1.67% at $33.77. Analysts from Citigroup, Goldman Sachs, Wells Fargo, Raymond James, and Morgan Stanley have maintained their ratings on Verizon, with price targets ranging from $36 to $44.
July 27, 2023 | 6:32 pm
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A whale investor has taken a bullish stance on Verizon Communications, with trades targeting a price range from $25.0 to $80.0. The price of VZ is currently down -1.67% at $33.77. Analysts have maintained their ratings on Verizon, with price targets ranging from $36 to $44.
The news of a whale investor taking a bullish stance on Verizon Communications could potentially influence other investors to follow suit, which could drive up the stock price. However, the current price of VZ is down, indicating a bearish market sentiment. The maintained ratings from analysts suggest a neutral to positive outlook for the stock, which could potentially stabilize or increase the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100