JMP Securities Maintains Market Outperform on Alphabet, Raises Price Target to $138
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Andrew Boone maintains a Market Outperform rating on Alphabet (NASDAQ:GOOGL) and raises the price target from $132 to $138.
July 26, 2023 | 12:29 pm
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Alphabet's price target has been raised from $132 to $138 by JMP Securities, maintaining a Market Outperform rating.
The raised price target indicates the analyst's increased confidence in Alphabet's performance. This could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100