Citigroup Maintains Buy on Verizon Communications, Raises Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Michael Rollins maintains a Buy rating on Verizon Communications and raises the price target from $47 to $49.
September 25, 2024 | 6:09 pm
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Citigroup analyst Michael Rollins has reaffirmed a Buy rating for Verizon Communications and increased the price target from $47 to $49, indicating a positive outlook for the stock.
The increase in price target from $47 to $49 by Citigroup suggests a positive outlook for Verizon's stock, likely leading to a short-term price increase. The reaffirmation of the Buy rating further supports this positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100