Keybanc Downgrades Verizon Communications to Sector Weight
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Brandon Nispel has downgraded Verizon Communications from Overweight to Sector Weight, indicating a less favorable outlook for the company's stock.
October 24, 2024 | 11:38 am
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Keybanc analyst Brandon Nispel downgraded Verizon Communications from Overweight to Sector Weight, suggesting a less optimistic view on the stock.
The downgrade from Overweight to Sector Weight by Keybanc suggests a shift to a more neutral stance on Verizon's stock, which could lead to a negative short-term impact on its price as investors adjust their positions based on this new rating.
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