Check Out What Whales Are Doing With Verizon Communications
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Verizon Communications (NYSE:VZ) by a large investor, as observed from publicly available options history. The overall sentiment of these big-money traders is split between 27% bullish and 72% bearish. The whales have been targeting a price range from $31.0 to $42.0 for Verizon Communications over the last 3 months. Morgan Stanley, Citigroup, and Oppenheimer have given price targets of $44, $40, and $43 respectively.
August 30, 2023 | 7:16 pm
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A large investor has taken a bearish stance on Verizon Communications. The sentiment among big-money traders is more bearish than bullish. Analysts have given varying price targets.
The bearish stance taken by a large investor and the overall bearish sentiment among big-money traders could potentially drive the stock price down in the short term. However, the varying price targets given by analysts indicate uncertainty.
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