A number of firms have modified their ratings and price targets on shares of Verizon (NYSE: VZ) recently:

  • Verizon had its “neutral” rating reaffirmed by analysts at JPMorgan Chase. They now have a $48.00 price target on the stock.
  • Verizon had its “neutral” rating reaffirmed by analysts at Guggenheim. They now have a $43.00 price target on the stock.
  • Verizon had its “underperform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a $33.00 price target on the stock.
  • Verizon had its “equalweight” rating reaffirmed by analysts at Barclays Capital. They now have a $45.00 price target on the stock.
  • Verizon had its “overweight” rating reaffirmed by analysts at Atlantic Securities. They now have a $51.00 price target on the stock.

Verizon traded up 3.47% on Thursday, hitting $46.27. Verizon has a 52-week low of $35.32 and a 52-week high of $48.77. The company has a market cap of $131.8 billion and a price-to-earnings ratio of 44.32.

Verizon Communications Inc. (Verizon) is a holding company. The Company is a provider of communications, information and entertainment products and services to consumers, businesses and governmental agencies.