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Google antitrust penalties now fully priced in: JMP
September 16, 2024 8:51 AM EDTJMP Securities believes that the recent decline in Alphabet's (NASDAQ: GOOGL) stock price has fully accounted for the potential impact of antitrust penalties.
With shares down 18% from their July highs, JMP says, "The market has fully factored in the risk of an adverse antitrust penalty that limits Google's ability to bid on default search placements."
According to JMP, an antitrust penalty limiting Google's... More
Alphabet (GOOGL) PT Lowered to $200 at Evercore ISI
September 16, 2024 5:10 AM EDTEvercore ISI analyst Mark Mahaney lowered the price target on Alphabet (NASDAQ: GOOGL) to $200.00 (from $225.00) while maintaining a Outperform rating.
The analyst comments "Our View: We maintain our Outperform on GOOGL, tho we are lowering our PT from $225 to $200 (based in part on 20X our 26 EPS of $10.16) as we... More
