Verizon (VZ): New Buy Recommendation for This Technology Giant


Merrill Lynch analyst David Barden maintained a Buy rating on Verizon (VZ) today and set a price target of $64. The company’s shares closed yesterday at $58.37.

Barden has an average return of 5.4% when recommending Verizon.

According to TipRanks.com, Barden is ranked #3836 out of 5195 analysts.

Verizon has an analyst consensus of Moderate Buy, with a price target consensus of $61.

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The company has a one-year high of $61.58 and a one-year low of $46.09. Currently, Verizon has an average volume of 14.2M.

Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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