Oppenheimer Upgrades Verizon (VZ) to Outperform, Sets $42 Price Target
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Price: $39.21 -0.71%
Rating Summary:
18 Buy, 30 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 9
Rating Summary:
18 Buy, 30 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 9
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Shares of Verizon Communications (NYSE: VZ) are indicated to open higher Wednesday as an analyst at Oppenheimer upgraded the stock from Perform to Outperform earlier. The analyst set a new $42 price target on Verizon shares.
With the stock last trading at $35.40, Oppenheimer's new price target implies potential upside of about 19 percent.
Notably, shares of Verizon are down more than 4 percent since the beginning of June (just five trading sessions).
For more ratings news on Verizon Communications click here and for the rating history of Verizon Communications click here.
With the stock last trading at $35.40, Oppenheimer's new price target implies potential upside of about 19 percent.
Notably, shares of Verizon are down more than 4 percent since the beginning of June (just five trading sessions).
For more ratings news on Verizon Communications click here and for the rating history of Verizon Communications click here.
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