Alphabet (GOOGL) Up 5% After Crushing Q1 Profit Estimates on Higher Ad Spending and $50 Billion Buyback Plan, Bull Case Coming into View Says Analyst

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Go back to Alphabet (GOOGL) Up 5% After Crushing Q1 Profit Estimates on Higher Ad Spending and $50 Billion Buyback Plan, Bull Case Coming into View Says Analyst

Alphabet (GOOGL) PT Raised to $2,850 at Jefferies

April 28, 2021 8:20 AM EDT

Jefferies analyst Brent Thill raised the price target on Alphabet (NASDAQ: GOOGL) to $2,850.00 (from $2,700.00) while maintaining a Buy rating.

The analyst commented, "GOOGL delivered 2 consecutive qtrs with big $4bn beats and >30% op mgn (off net rev). We see a permanent shift to... More

Alphabet (GOOGL) PT Raised to $3,000 at Monness, Crespi, Hardt

April 28, 2021 8:17 AM EDT

Monness, Crespi, Hardt analyst Brian White raised the price target on Alphabet (NASDAQ: GOOGL) to $3,000.00 (from $2,500.00) while maintaining a Buy rating.

The analyst commented, "Alphabet reported meaningful 1Q:21 upside and announced a new $50 billion stock repurchase program. Next up... More

Alphabet (GOOGL) PT Raised to $2,800 at Canaccord Genuity

April 28, 2021 7:57 AM EDT

Canaccord Genuity analyst Maria Ripps raised the price target on Alphabet (NASDAQ: GOOGL) to $2,800.00 (from $2,600.00) while maintaining a Buy rating.

The analyst commented, "Google reported strong Q1 results, with total ad revenue growth accelerating to 32% y/y(vs. 22% in Q4), well ahead of both... More