Wedbush Reiterates Outperform on Alphabet, Maintains $160 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Scott Devitt has reiterated an Outperform rating on Alphabet (NASDAQ:GOOGL) and maintained a price target of $160.
October 25, 2023 | 2:07 pm
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Wedbush analyst has reiterated an Outperform rating on Alphabet and maintained a price target of $160.
The reiteration of an Outperform rating by a reputable analyst like Scott Devitt is a positive signal for Alphabet. The maintained price target of $160 also indicates confidence in the company's performance. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100