Verizon Upgraded To 3.5 Stars By Vetr
Verizon Communications Inc. (NYSE: VZ) shares are trading down just over three percent over the past five trading days entering Monday’s open, and the Vetr community has upgraded the company from 3 to 3.5 stars. Verizon recently purchased Yahoo! Inc. (NASDAQ: YHOO) for $4.83 billion.
Vetr members have given Verizon a Buy rating and a $55.93 price target. This price target is lower than the $54.3 price target from Wall Street analysts. The company opened Monday around $53.50.
Of all Vetr raters, 61.5 percent believe traders and investors should buy Verizon stock.
For Vetr’s full analysis of Verizon, go here.
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