DA Davidson Initiates Coverage On Alphabet with Neutral Rating, Announces Price Target of $170
Portfolio Pulse from Benzinga Newsdesk
DA Davidson has initiated coverage on Alphabet with a Neutral rating and set a price target of $170.
September 10, 2024 | 3:35 pm
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NEUTRAL IMPACT
DA Davidson has initiated coverage on Alphabet with a Neutral rating and a price target of $170, indicating a balanced view on the stock's potential.
The Neutral rating suggests that the analyst does not expect significant short-term movement in Alphabet's stock price. The price target of $170 provides a specific valuation expectation, but the Neutral rating indicates a balanced view, neither bullish nor bearish.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100