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Analysts Offer Insights on Communication Services Companies: Verizon (VZ) and Zillow Group Class A (ZG)

Analysts fell to the sidelines weighing in on Verizon (VZResearch Report) and Zillow Group Class A (ZGResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Verizon (VZ)

J.P. Morgan analyst Sebastiano Petti maintained a Hold rating on Verizon today and set a price target of $46.00. The company’s shares closed last Thursday at $40.54.

According to TipRanks.com, Petti is a 1-star analyst with an average return of -5.1% and a 48.6% success rate. Petti covers the NA sector, focusing on stocks such as Charter Communications, Warner Music Group, and Warner Bros.

Currently, the analyst consensus on Verizon is a Moderate Buy with an average price target of $44.71, implying an 11.4% upside from current levels. In a report issued on March 15, Bank of America Securities also maintained a Hold rating on the stock with a $41.00 price target.

See today’s best-performing stocks on TipRanks >>

Zillow Group Class A (ZG)

BTIG analyst Jake Fuller maintained a Hold rating on Zillow Group Class A yesterday. The company’s shares closed last Thursday at $50.32.

According to TipRanks.com, Fuller is a 4-star analyst with an average return of 7.6% and a 49.6% success rate. Fuller covers the NA sector, focusing on stocks such as Booking Holdings, TripAdvisor, and Expedia.

Zillow Group Class A has an analyst consensus of Moderate Buy, with a price target consensus of $59.58.

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