RBC Capital Reiterates Outperform on Alphabet, Maintains $155 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Erickson has reiterated an Outperform rating on Alphabet (NASDAQ:GOOGL) and maintained a price target of $155. This reaffirmation of the stock's potential could influence investor sentiment and market performance of Alphabet's shares in the short term.
January 31, 2024 | 3:42 pm
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POSITIVE IMPACT
RBC Capital's reaffirmation of an Outperform rating and a $155 price target for Alphabet (GOOGL) could positively impact investor sentiment and the stock's short-term performance.
Analyst ratings and price targets are influential factors for investors when making decisions. RBC Capital's reiteration of a positive outlook for Alphabet is likely to instill confidence among investors, potentially leading to a short-term increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100