FMP
Jul 1, 2024 1:32 PM - Davit Kirakosyan
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Goldman Sachs analysts initiated coverage on Verizon Communications (NYSE:VZ) with a Buy rating and a price target of $50 on the stock.
The analysts believe that Verizon is starting to regain momentum in its core wireless business. They anticipate significant benefits for the company from fixed wireless services in both its consumer and business segments. The analysts suggest that Verizon's stock could become more attractive to a broader group of investors as the company is positioned to sustain revenue and EBITDA growth. Additionally, as Verizon reduces its leverage, there is potential for capital returns and stock buybacks, which should enhance its valuation multiple.
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 16, 2024 8:06 PM - Gordon Thompson
On Thursday, May 16, 2024, Deutsche Bank upgraded its rating on NASDAQ:ASTS to Buy, maintaining a hold position. At the time of the announcement, ASTS was trading at $4.03. This decision was accompanied by an increase in the price target for AST SpaceMobile, raised to $22 from $19, as detailed in a ...
May 24, 2024 9:30 AM - Rajnish Katharotiya
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...