Exxon Mobil, Pfizer, McDonald's earnings: 3 things to watch
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- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
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- Fed’s Barr backs rate hike if inflation fails to cool, September odds hit 66%
Alphabet (GOOGL) a more defensive stock in 2023 - BofA
January 31, 2023 1:19 PM ESTAhead of Alphabet's (NASDAQ: GOOGL) earnings release on Thursday, February 2, BofA analyst Justin Post raised the firm's price target on the stock to $119 from $116, maintaining a Buy rating.
Post told investors in a research note that the firm is updating estimates for FX and the tech giant's recent cost-cutting.
"We are at revenue/GAAP EPS of $63.6bn/$1.20 vs... More

