In a report released today, Timothy Horan from Oppenheimer maintained a Buy rating on Verizon (VZ – Research Report), with a price target of $48.00. The company’s shares closed yesterday at $41.38.
According to TipRanks, Horan is a 5-star analyst with an average return of 10.3% and a 63.49% success rate. Horan covers the Technology sector, focusing on stocks such as Microsoft, Verint Systems, and Cloudflare.
In addition to Oppenheimer, Verizon also received a Buy from Citi’s Michael Rollins in a report issued on January 29. However, today, Bank of America Securities maintained a Hold rating on Verizon (NYSE: VZ).
See Insiders’ Hot Stocks on TipRanks >>
The company has a one-year high of $43.21 and a one-year low of $29.63. Currently, Verizon has an average volume of 21.47M.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Verizon (VZ) Company Description:
Verizon Communications, Inc. provides wireless and wireline communications services and products through its two segments: Verizon Consumer Group and Verizon Business Group. The Verizon Business segment also offers video and data 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. The company was founded in 1983 and is headquartered in New York, NY.
Read More on VZ:
- Verizon offers relief to customers most impacted by historic rainfall and flooding in California
- Verizon invests in customer experience; names first-ever Chief Experience Officer
- Verizon advances O-RAN technology by deploying 130,000 new O-RAN capable radios in its network
- Verizon’s commitment to the Las Vegas community goes far beyond supporting the Big Game
- Verizon CFO Anthony Skiadas Receives Salary and Incentive Increase
