Verizon Communications Inc. (NYSE:VZ) gets downgraded to Equal Weight by Morgan Stanley with a price target of $58.00

0

Analyst Ratings For Verizon Communications Inc. (NYSE:VZ)

Today, Verizon Communications Inc. (NYSE:VZ) stock was downgraded by Morgan Stanley from Overweight to Equal Weight with a price target of $58.00.

There are 13 Buy Ratings, 8 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Verizon Communications Inc. (NYSE:VZ) is Buy with a consensus target price of $56.0494 per share, a potential 2.40% downside.

Some recent analyst ratings include

  • 12/12/2018-Verizon Communications Inc. (NYSE:VZ) gets downgraded to Equal Weight by Morgan Stanley with a price target of $58.00
  • 12/9/2018-Verizon Communications Inc. (NYSE:VZ) gets downgraded to Neutral by JPMorgan Chase & Co. with a price target of $59.89
  • 10/22/2018-Verizon Communications Inc. (NYSE:VZ) had its Buy rating reiterated by Bank of America with a $58.00 price target
  • 9/4/2018-Verizon Communications Inc. (NYSE:VZ) had its Buy ➝ Neutral rating reiterated by Moffett Nathanson with a $56.00 price target


  • On 5/1/2018 Anthony T Skiadas, SVP, sold 1,974 with an average share price of $49.44 per share and the total transaction amounting to $97,594.56.
  • On 2/13/2018 Anthony T Skiadas, SVP, sold 6,967 with an average share price of $49.80 per share and the total transaction amounting to $346,956.60.
  • On 11/27/2017 Craig L Silliman, EVP, sold 610 with an average share price of $47.41 per share and the total transaction amounting to $28,920.10.
  • On 10/27/2017 Craig L Silliman, EVP, sold 610 with an average share price of $48.62 per share and the total transaction amounting to $29,658.20.
  • On 9/27/2017 Craig L Silliman, EVP, sold 610 with an average share price of $49.23 per share and the total transaction amounting to $30,030.30.
  • On 8/28/2017 Craig L Silliman, EVP, sold 610 with an average share price of $48.65 per share and the total transaction amounting to $29,676.50.
  • On 7/28/2017 Craig L Silliman, EVP, sold 610 with an average share price of $47.74 per share and the total transaction amounting to $29,121.40.

About Verizon Communications Inc. (NYSE:VZ)
Verizon Communications Inc., through its subsidiaries, offers communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. The company's Wireless segment provides wireless voice and data services; Internet access on various notebook computers and tablets; multimedia, business-focused, and location-based services, as well as international travel services; and network access services to deliver various Internet of Things products and services. This segment also provides wireless devices, including smartphones and basic phones, wearables, and tablets and other Internet access devices. As of December 31, 2017, it had 116.3 million retail connections. Its Wireline segment offers traditional circuit-based network products and services; networking solutions, comprising private Internet protocol (IP), Ethernet, and software-defined wide area network, as well as cyber security services; local exchange, regional, long distance, and toll-free calling services; voice messaging and conferencing services; and workforce productivity and customer contact center solutions, as well as residential fixed connectivity solutions, including Internet, TV, and voice services under the Fios brand name. This segment also provides premises equipment, as well as installation, maintenance, and site services; data, voice, local dial tone, and broadband services primarily to local, long distance, and wireless carriers; voice and networking products, Fios services, IP networking, voice solutions, security, and managed information technology services for small and medium businesses, state and local governments, and educational institutions; and security and managed network services. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is headquartered in New York, New York.

Recent Trading Activity for Verizon Communications Inc. (NYSE:VZ)
Shares of Verizon Communications Inc. closed the previous trading session at 57,42 −1,42 2,42 % with 58.19 shares trading hands.