UBS Maintains Neutral on Verizon Communications, Raises Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
UBS analyst John Hodulik has maintained a Neutral rating on Verizon Communications (NYSE:VZ) and increased the price target from $37 to $43.
January 24, 2024 | 3:24 pm
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UBS has maintained a Neutral rating on Verizon Communications but raised the price target from $37 to $43, indicating a potential upside from the previous target.
The increase in price target by UBS suggests a positive outlook on Verizon's stock value in the short term. While the rating remains Neutral, the higher price target may lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100