Susquehanna Maintains Positive on Alphabet, Raises Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Shyam Patil has maintained a Positive rating on Alphabet Inc. (NASDAQ:GOOG) and increased the price target from $150 to $170, indicating a bullish outlook on the company's stock.
January 31, 2024 | 1:22 pm
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Susquehanna analyst Shyam Patil has reaffirmed a Positive rating on Alphabet and raised the price target to $170, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst like Shyam Patil typically signals a strong conviction in the company's growth prospects and financial health. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100