VERIZON: MOFFETT NATHANSON INCREASES TARGET PRICE TO $56, UP FROM $49
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6 days ago
0mins
Should l Buy VZ?
Source: moomoo
- Verizon Price Increase: Verizon has raised its target price for its stock from $49 to $56.
- Market Impact: This adjustment reflects a positive outlook on Verizon's performance and potential growth in the market.
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Analyst Views on VZ
Wall Street analysts forecast VZ stock price to fall
14 Analyst Rating
4 Buy
10 Hold
0 Sell
Moderate Buy
Current: 50.740
Low
43.00
Averages
46.42
High
51.00
Current: 50.740
Low
43.00
Averages
46.42
High
51.00
About VZ
Verizon Communications Inc. is a holding company. The Company, through its subsidiaries, provides communications, technology, information and streaming products and services to consumers, businesses and government entities. Its Consumer segment provides wireless and wireline communications services. It also provides fixed wireless access (FWA) broadband through its 5G or 4G Long-Term Evolution (LTE) networks portfolio. The Company's Business segment provides wireless and wireline communications services and products, including FWA broadband, data, video and advanced communication services, corporate networking solutions, security and managed network services, local and long-distance voice services and network access to deliver various Internet of Things (IoT) services and products. It provides these products and services to businesses, public sector customers and wireless and wireline carriers across the U.S. and a subset of these products and services to customers around the world.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Altria's Pricing Strategy: Despite declining smoking rates in the U.S., Altria Group offsets falling cigarette volumes by raising prices annually, boasting a 6.6% dividend yield, with analysts projecting low-single-digit annual earnings growth over the next three years, showcasing its resilience in a mature market.
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