Vetr Crowd Upgrades Verizon

The Vetr community on Tuesday upgraded Verizon Communications Inc. (NYSE: VZ) from 4 stars (Buy) to 4.5 stars (Strong Buy). However, the Vetr crowd was extremely bullish on Verizon, with 100 percent of Vetr users giving the stock a Buy rating.

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At time of publication, Verizon shares were trading down 0.7 percent at $48.57. The Vetr crowd’s aggregated price target of $54.81 implies a 13.1 percent upside, indicating a very bullish sentiment

Analysts were bullish as well. The 12-month consensus price target is at $56, implying a strong upside.