Check Out What Whales Are Doing With Verizon Communications
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Verizon Communications (NYSE:VZ), with 62% of the investors opening trades with bearish expectations. The investors are aiming for a price territory stretching from $30.0 to $80.0 for Verizon Communications over the recent three months. Barclays has elevated its stance to Overweight, setting a new price target at $38. Tigress Financial maintains a Buy rating on Verizon Communications, with a target price of $45.
November 08, 2023 | 5:46 pm
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Bearish stance taken by a significant investor on Verizon Communications. Barclays has upgraded its stance to Overweight with a price target of $38. Tigress Financial maintains a Buy rating with a target price of $45.
The bearish stance taken by a significant investor, along with the price target set between $30-$80, indicates a potential downward pressure on the stock. However, the upgrade by Barclays and the maintained Buy rating by Tigress Financial could provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100