Wells Fargo Maintains Equal-Weight on Alphabet, Lowers Price Target to $141
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ken Gawrelski maintains an Equal-Weight rating on Alphabet (NASDAQ:GOOGL) and lowers the price target from $144 to $141.
April 03, 2024 | 12:31 pm
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Wells Fargo maintains an Equal-Weight rating on Alphabet and lowers the price target from $144 to $141.
The reduction in price target by Wells Fargo suggests a slightly bearish outlook on Alphabet's short-term stock price performance. Given the influence of analyst ratings and price targets on investor sentiment, this adjustment could lead to a negative impact on Alphabet's stock price in the short term.
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