Wolfe Research Upgrades Verizon Communications to Outperform, Announces $46 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research analyst Peter Supino has upgraded Verizon Communications (NYSE:VZ) from Peer Perform to Outperform and set a price target of $46.

January 04, 2024 | 9:36 am
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Verizon Communications was upgraded by Wolfe Research from Peer Perform to Outperform with a $46 price target.
Upgrades by analysts typically lead to a positive short term sentiment in the market for the stock, as they suggest a better performance outlook. The new price target of $46 also indicates a potential upside from the current trading price, which can attract investors.
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