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Google stock likely to grind higher from here, rather than jumping: Jefferies
July 18, 2024 10:09 AM EDTGoogle parent company Alphabet (NASDAQ: GOOGL) is expected to see its stock "grinding higher than jumping from here," according to Jefferies analysts.
Despite a strong year-to-date performance with a 30% increase, Jefferies suggests that further growth in the second half of the year will be more gradual due to tougher comparisons and above-average valuations.
Fundamentals for Alphabet remain robust. The company benefits from "solid ad spend,... More
Alphabet (GOOGL) PT Raised to $206 at BofA Securities
July 17, 2024 6:20 AM EDTBofA Securities analyst Justin Post raised the price target on Alphabet (NASDAQ: GOOGL) to $206.00 (from $200.00) while maintaining a Buy rating.
The analyst comments "Alphabet is the first in the Online media group to report (on 7/23), and we expect results to set a... More
Alphabet (GOOGL) PT Raised to $215 at Argus
July 16, 2024 7:20 AM EDTArgus analyst Joseph Bonner raised the price target on Alphabet (NASDAQ: GOOGL) to $215.00 (from $200.00) while maintaining a Buy rating.
The analyst comments "We are maintaining our BUY rating on GOOGL and raising our target price to $215 from $200. Alphabet remains an advertising juggernaut despite possible serious... More
