Piper Sandler Maintains Overweight on Alphabet, Lowers Price Target to $147
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Thomas Champion has maintained an Overweight rating on Alphabet (NASDAQ:GOOGL) but lowered the price target from $148 to $147.
October 03, 2023 | 6:54 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Alphabet's price target has been lowered from $148 to $147 by Piper Sandler, though the Overweight rating is maintained.
The news is directly about Alphabet and its price target. While the reduction in price target could be seen as a negative, the maintenance of the Overweight rating indicates that the analyst still sees the stock as a good investment. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100