Limited Upside for Verizon Despite Expected iPhone Arrival
Alacra Pulse Check Blog submits: Verizon Communications (VZ) is expected to start selling Apple’s (AAPL) iPhone next year, and some analysts have raised their price targets on the telecoms giant after strong quarterly results. However, most don’t see a great deal of upside in the stock price over the next 12-months.The median price based on the the thirteen most recent targets tracked by Alacra Pulse is $34, up from $32 a month ago and slightly higher than Thursday’s closing price of $32.63. The mean target is $32.62. Of these 13 analysts, 4 have a positive rating, 8 are neutral and one is negative.Complete Story »
- Original article
- Login or register to post comments
