Goldman Sachs Downgrades Verizon To Neutral

Analysts at Goldman Sachs downgraded Verizon Communications

from Buy to Neutral. The price target for Verizon has been lowered from $55 to $48. Verizon shares have dropped 6.07% over the past 52 weeks, while the S&P 500 index has gained 8.95% in the same period. Verizon's shares declined 1.08% to $45.04 in pre-market trading.