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A Quick Look at Today's Ratings for Alphabet-C(GOOG.US), With a Forecast Between $185 to $225

Moomoo News ·  Oct 31, 2024 21:00  · Ratings

On Oct 31, major Wall Street analysts update their ratings for $Alphabet-C (GOOG.US)$, with price targets ranging from $185 to $225.

Morgan Stanley analyst Brian Nowak maintains with a buy rating, and adjusts the target price from $190 to $205.

Goldman Sachs analyst Eric Sheridan maintains with a buy rating, and adjusts the target price from $208 to $210.

J.P. Morgan analyst Doug Anmuth maintains with a buy rating, and adjusts the target price from $208 to $212.

BofA Securities analyst Justin Post maintains with a buy rating, and adjusts the target price from $206 to $210.

Citi analyst Ronald Josey maintains with a buy rating, and adjusts the target price from $212 to $216.

Furthermore, according to the comprehensive report, the opinions of $Alphabet-C (GOOG.US)$'s main analysts recently are as follows:

  • Alphabet's recent quarterly report has been met with positive remarks due to notable highlights such as reinforced assurance in its artificial intelligence search implementation, notable acceleration in Google Cloud, and an expansion of margins. Additionally, there's a notable upside in operating profit coupled with an enduring pledge to cost structure optimization under the leadership of the new CFO.

  • Alphabet demonstrated stronger performance across all sectors, outpacing concerns of challenging comparisons. The company's use of AI to enhance search capabilities and profitability, along with revenues and services margins surpassing expectations, is noteworthy.

Here are the latest investment ratings and price targets for $Alphabet-C (GOOG.US)$ from 20 analysts:

StockTodayLatestRating_mm_202736_20241031_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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