Verizon: Morgan Stanley Raises PT to $48, Maintains Equal-Weight Rating

Verizon: Morgan Stanley Raises PT to $48, Maintains Equal-Weight Rating

Verizon Communications Inc. (VZ) has received a positive update from Morgan Stanley, with the investment bank raising its price target to $48 from $47 while maintaining an equal-weight rating. This decision comes amidst a landscape of varied analyst opinions and recent insider trading activity.

Morgan Stanley's latest adjustment brings the price target in line with the median target set by multiple analysts over the past six months, which stands at $48.0. Analysts from various firms, including JP Morgan and Wells Fargo, have issued price targets ranging from $43.0 to $56.0, reflecting a diverse range of opinions on the stock's potential [3].

In addition to analyst sentiments, insider trading activity has been notable. Over the past six months, insiders have sold a significant number of shares, with Kyle Malady, EVP and Group CEO of VZ Business, selling 107,175 shares, and Vandana Venkatesh, EVP of Public Policy and Chief Legal Officer, selling 10,000 shares [3].

Institutional investors have also shown interest in Verizon, with a substantial number of hedge funds increasing their positions in the stock. For instance, GQG Partners LLC added 37,516,167 shares to its portfolio in Q1 2025, while Parnassus Investments, LLC decreased its holdings by 13,308,721 shares [3].

Despite the positive price target adjustment, it is essential for investors to consider the broader market conditions and the company's financial health before making any investment decisions. Verizon's performance in the telecommunications sector and its ability to adapt to technological advancements will continue to influence its stock price.

References:
[1] https://www.marketscreener.com/news/morgan-stanley-raises-price-target-on-verizon-communications-to-48-from-47-keeps-equalweight-rati-ce7c5cdcd18ef227
[2] https://www.marketscreener.com/news/morgan-stanley-adjusts-teledyne-technologies-price-target-to-580-from-535-maintains-equal-weight-ce7c5cd9dc8ef524
[3] https://www.quiverquant.com/news/New+Analyst+Forecast%3A+%24VZ+Given+%2449.0+Price+Target