Analysts Offer Insights on Communication Services Companies: Verizon (VZ) and Alphabet Class A (GOOGL)
Analysts have been eager to weigh in on the Communication Services sector with new ratings on Verizon (VZ) and Alphabet Class A (GOOGL).
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Verizon (VZ)
In a report released today, Brandon Nispel from KeyBanc maintained a Hold rating on Verizon. The company’s shares closed last Friday at $46.04, close to its 52-week high of $47.36.
According to TipRanks.com, Nispel is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Verizon with a $50.97 average price target, representing an 8.2% upside. In a report issued on March 31, Barclays also assigned a Hold rating to the stock with a $47.00 price target.
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Alphabet Class A (GOOGL)
Barclays analyst Trevor Young maintained a Buy rating on Alphabet Class A today and set a price target of $360.00. The company’s shares closed last Friday at $317.24.
According to TipRanks.com, Young is a 1-star analyst with an average return of
Currently, the analyst consensus on Alphabet Class A is a Strong Buy with an average price target of $382.07, which is a 19.4% upside from current levels. In a report issued on April 9, Bank of America Securities also maintained a Buy rating on the stock with a $370.00 price target.
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