Alphabet's miss fans inflation fears across digital advertising
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Alphabet (GOOGL) PT Lowered to $135 at Monness, Crespi, Hardt
October 26, 2022 9:09 AM EDTMonness, Crespi, Hardt analyst Brian White lowered the price target on Alphabet (NASDAQ: GOOGL) to $135.00 (from $145.00) while maintaining a Buy rating.
The analyst commented, "Alphabet reported lackluster 3Q:22 results in a very treacherous digital ad market and is taking steps to... More
Alphabet (GOOGL) PT Lowered to $130 at Rosenblatt
October 26, 2022 8:26 AM EDTRosenblatt analyst Barton Crockett lowered the price target on Alphabet (NASDAQ: GOOGL) to $130.00 (from $156.00) while maintaining a Buy rating.
The analyst commented, "Alphabet followed Snap into the 3Q22 wind tunnel of strengthening macro headwinds. We assume this persists for a few quarters, before... More
Alphabet (GOOGL) Stock Declines Following Earnings, Revenue Miss
October 25, 2022 4:19 PM EDTGoogle parent company Alphabet's (NASDAQ: GOOGL) shares fell more than 6.5% after-hours following the publication of its third-quarter earnings, which saw it miss profit and revenue estimates.
The tech giant reported earnings per share of $1.06, $0.22 below the analyst consensus estimate of $1.28, while revenue for the quarter came in at $69.09 billion compared to the consensus estimate of $71.34... More
