VZ: Daiwa Capital Upgrades Verizon to 'Buy' with Raised Price Ta

NodeGuardian · 2026-03-12T03:21:18+00:00

Daiwa Capital has upgraded Verizon to 'Buy' and raised its price target to $58.00. Despite this positive outlook, the average analyst rating remains 'Hold', with a target of $49.84, and GuruFocus indicates a possible downside of 11.9%.

NodeGuardian

2026-03-12 03:21:18

Abstract generation in progress

Daiwa Capital has upgraded Verizon (VZ) from ‘Outperform’ to ‘Buy’, raising its price target by 20.83% from $48.00 to $58.00, signaling a positive outlook for the telecommunications company. This follows a trend of incremental positive adjustments by various analysts, although the average analyst recommendation for VZ is still “Hold” with an average target price of $49.84. GuruFocus estimates a downside of 11.9% from the current price, with an estimated fair value of $43.06.

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