RBC Capital Maintains Outperform on Alphabet, Raises Price Target to $155
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Brad Erickson has maintained an 'Outperform' rating on Alphabet (NASDAQ:GOOGL) and raised the price target from $145 to $155.
July 26, 2023 | 1:53 pm
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RBC Capital has maintained an 'Outperform' rating on Alphabet and raised the price target from $145 to $155, indicating a positive outlook for the company.
The 'Outperform' rating maintained by RBC Capital indicates that they expect Alphabet's stock to do better than the market average. The increase in price target from $145 to $155 suggests that they believe the stock is undervalued at its current price, which could lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100