In a report released on February 16, Jonathan Atkin from RBC Capital maintained a Hold rating on Verizon (VZ – Research Report), with a price target of $36.00. The company’s shares closed last Friday at $40.49.
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In addition to RBC Capital, Verizon also received a Hold from Bank of America Securities’s David Barden in a report issued on February 6. However, on the same day, Oppenheimer maintained a Buy rating on Verizon (NYSE: VZ).
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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 21.22M.
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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 completes final allocation of its fifth $1 billion green bond
- Verizon Business Device Protection Open Enrollment Starts for Business Customers’ Mobile Devices
- AI, Cyber Security, 5G and Tech – Verizon will bring it together at Mobile World Congress Barcelona
- Verizon releases power of 5G network to developers through APIs
- Verizon unleashes the power of its 5G network to developers through APIs
