Wells Fargo Maintains Equal-Weight on Verizon Communications, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Eric Luebchow maintains an Equal-Weight rating on Verizon Communications (VZ) and lowers the price target from $44 to $40.
April 23, 2024 | 3:57 pm
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Wells Fargo maintains an Equal-Weight rating on Verizon Communications and lowers the price target from $44 to $40.
The reduction in price target by Wells Fargo suggests a bearish outlook on Verizon's stock in the short term. This adjustment reflects the analyst's view on the company's future performance, potentially influencing investor sentiment and stock price.
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IMPORTANCE 80
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