Loop Capital Maintains Hold on Alphabet, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Rob Sanderson maintains a 'Hold' rating on Alphabet (NASDAQ:GOOGL) and raises the price target from $125 to $140.
August 18, 2023 | 4:05 pm
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Alphabet's price target has been raised from $125 to $140 by Loop Capital, while maintaining a 'Hold' rating.
The increase in Alphabet's price target by Loop Capital indicates a positive outlook for the company's stock. However, the 'Hold' rating suggests that the stock is fairly valued at its current price, and investors may not see significant gains in the short term.
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IMPORTANCE 80
RELEVANCE 100