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Analysts’ Opinions Are Mixed on These Communication Services Stocks: Alphabet Class A (GOOGL) and Verizon (VZ)

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Alphabet Class A (GOOGLResearch Report) and Verizon (VZResearch Report).

Alphabet Class A (GOOGL)

Monness analyst Brian White maintained a Hold rating on Alphabet Class A today. The company’s shares closed last Friday at $174.42, close to its 52-week high of $175.12.

According to TipRanks.com, White is a top 100 analyst with an average return of 21.1% and a 68.3% success rate. White covers the Technology sector, focusing on stocks such as Palantir Technologies, Salesforce, and Snowflake.

Currently, the analyst consensus on Alphabet Class A is a Strong Buy with an average price target of $195.92, which is a 12.5% upside from current levels. In a report issued on May 14, UBS also maintained a Hold rating on the stock with a $173.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Verizon (VZ)

In a report released today, Ivan Feinseth from Tigress Financial reiterated a Buy rating on Verizon, with a price target of $52.00. The company’s shares closed last Friday at $40.23.

According to TipRanks.com, Feinseth is a 5-star analyst with an average return of 11.9% and a 60.5% success rate. Feinseth covers the NA sector, focusing on stocks such as Topgolf Callaway Brands, Acushnet Holdings, and Carnival.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Verizon with a $44.42 average price target.

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