Raymond James Maintains Outperform on Verizon Communications, Raises Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Frank Louthan maintains an Outperform rating on Verizon Communications and raises the price target from $44 to $48.

September 24, 2024 | 5:58 pm
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Raymond James analyst Frank Louthan has maintained an Outperform rating on Verizon Communications and increased the price target from $44 to $48, indicating a positive outlook on the stock.
The increase in the price target from $44 to $48 by Raymond James suggests a positive outlook for Verizon's stock. The Outperform rating indicates that the analyst expects the stock to perform better than the market average, which could lead to increased investor interest and a potential rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100