Evercore ISI Group Maintains Outperform on Alphabet, Raises Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Mark Mahaney maintains an Outperform rating on Alphabet (NASDAQ:GOOGL) and raises the price target from $160 to $220.
April 26, 2024 | 12:36 pm
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POSITIVE IMPACT
Evercore ISI Group raises Alphabet's price target to $220, maintaining an Outperform rating.
The increase in price target by a reputable analyst like Mark Mahaney signals strong confidence in Alphabet's future performance. This is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100