Major investors add Verizon shares; analysts raise price targets
Geode Capital Management increased its Verizon stake to 102,632,509 shares, Bank of America added 8,289,877 shares to reach 62,101,021, and Norges Bank bought a new position in Q4. Transactions were reported at average prices around $50.06. Analysts from TD Cowen and Barclays lifted price targets, with most ratings remaining Buy or Hold.