Breaking Down Verizon Communications: 9 Analysts Share Their Views
Portfolio Pulse from Benzinga Insights
Verizon Communications (NYSE:VZ) has been analyzed by 9 analysts, showing a range of ratings from bullish to indifferent. Recent analyst actions include several rating raises and price target increases, with an average 12-month price target of $46.69. Verizon's financial performance shows strong profitability but higher financial risk due to a high debt-to-equity ratio.
October 23, 2024 | 5:00 pm
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Verizon Communications has received mixed analyst ratings, with several analysts raising their price targets. The average 12-month price target is now $46.69, reflecting a 4.15% increase. Despite strong profitability, Verizon's high debt-to-equity ratio poses financial risk.
The article highlights recent analyst actions, with several raising their price targets for Verizon, indicating positive sentiment. The average price target increase suggests potential short-term price appreciation. However, the high debt-to-equity ratio indicates financial risk, which could temper investor enthusiasm.
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