Needham Maintains Buy on Alphabet, Raises Price Target to $140
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Laura Martin maintains a Buy rating on Alphabet (NASDAQ:GOOGL) and raises the price target from $115 to $140.
July 26, 2023 | 10:19 am
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POSITIVE IMPACT
Alphabet's price target has been raised from $115 to $140 by Needham, maintaining a Buy rating.
The raised price target indicates the analyst's increased confidence in Alphabet's future performance. This could lead to increased investor confidence and potentially a rise in Alphabet's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100