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Google's Potential Wiz Deal Could Be Well Positioned for Approval -- Market Talk
0749 ET - Google's eyeing of a deal to acquire cybersecurity startup Wiz for roughly $23 billion, as reported by WSJ, would likely be well suited for approval by regulators, according to TD Cowen.
UBS Group raised Alphabet's target price to $200.
UBS Group: Raised the target price of Alphabet, Google's parent company, from $173 to $200 and maintained a "neutral" rating.
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DBS Maintains Alphabet-C(GOOG.US) With Buy Rating, Maintains Target Price $220
DBS analyst Sachin Mittal maintains $Alphabet-C(GOOG.US)$ with a buy rating, and maintains the target price at $220.According to TipRanks data, the analyst has a success rate of 78.9% and a total
Wall Street Has a New Way of Looking at the Stock Market. Here's What to Know
The S&P 500 has long been a stand-in for "the stock market" among investors. But with the Magnificent Seven tech stocks playing such an outsize role, more people are talking about -- and putting money behind -- an alternative version.
Wedbush: Google's successful acquisition of Wiz will be bullish for its cloud computing business and drive more mergers and acquisitions in the cybersecurity field.
Investment bank Wedbush said that if Google successfully acquires Wiz, it could have a huge ripple effect on the company's cloud computing business and could lead to more trade in the field of cybersecurity.
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