Roth MKM Maintains Buy on Alphabet, Raises Price Target to $166
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Rohit Kulkarni has maintained a Buy rating on Alphabet Inc. (NASDAQ:GOOGL) and increased the price target from $152 to $166.
December 07, 2023 | 3:41 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Roth MKM analyst Rohit Kulkarni reaffirms a Buy rating on Alphabet and raises the price target to $166, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a positive outlook on the company's future performance and can lead to increased investor confidence. This often has a short-term positive impact on the stock price as the market reacts to the new information.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100