Where Verizon Communications Stands With Analysts
Portfolio Pulse from Benzinga Insights
Over the last three months, Verizon Communications (NYSE:VZ) has been rated by four analysts, with 2 bullish, 1 somewhat bullish, and 1 indifferent rating. The current average price target is $41.25, representing an implied upside from the current price of $37.9115. This target is a 6.25% decrease from the previous target of $44.00. Analysts typically review stocks quarterly and provide insights based on company performance, financial statements, and insider communications.
December 14, 2023 | 8:00 pm
News sentiment analysis
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POSITIVE IMPACT
Verizon Communications has received mixed analyst ratings over the past 3 months, with an average price target suggesting an upside. The target has decreased by 6.25% from the previous average.
The average price target provided by analysts suggests a potential upside for Verizon's stock price, which could lead to a positive short-term impact. However, the decrease in the target price from the previous average indicates a tempered expectation, which may limit the upside potential. The mixed ratings indicate uncertainty, but the overall positive outlook suggests a slight bullish sentiment.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100