Verizon Stock On The Rise: Bulls Dominate Ahead Of Q2 Earnings Report
Portfolio Pulse from Surbhi Jain
Verizon Communications Inc (NYSE:VZ) is showing a strong bullish trend ahead of its Q2 earnings report, with Wall Street expecting $1.15 EPS and $33 billion in revenues. The stock is trading above key moving averages and indicators suggest continued upward momentum. Analysts have an Outperform rating with a price target of $45.21 to $46.17.
July 19, 2024 | 1:18 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Verizon Communications Inc (NYSE:VZ) is showing a strong bullish trend ahead of its Q2 earnings report. The stock is trading above key moving averages and indicators suggest continued upward momentum. Analysts have an Outperform rating with a price target of $45.21 to $46.17.
Verizon's stock is trading above key moving averages and technical indicators like MACD and RSI suggest bullish momentum. Analysts' ratings and price targets also indicate potential upside. These factors collectively point to a likely short-term price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100