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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100