Alphabet shares in Frankfurt rise 1.8% after results
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Cantor Fitzgerald Reiterates Neutral Rating on Alphabet (GOOGL)
October 30, 2024 6:33 AM EDTCantor Fitzgerald analyst Maria Ripps reiterated a Neutral rating and $190.00 price target on Alphabet (NASDAQ: GOOGL).
The analyst comments "The Key Takeaway: GOOGLs 3Q results exceeded Street estimates by 2%/7% on revenue/EBIT (Visible Alpha), but search and YT were largely in-line vs.... More
Alphabet (GOOGL) PT Raised to $225 at Truist Securities
October 30, 2024 6:24 AM EDTTruist Securities analyst Youssef Squali raised the price target on Alphabet (NASDAQ: GOOGL) to $225.00 (from $220.00) while maintaining a Buy rating.
The analyst comments "We remain constructive on GOOGL following a broad-based beat across Search, Cloud and Devices with improving margins, even as mgmt... More
Alphabet (GOOGL) PT Raised to $212 at JPMorgan
October 30, 2024 6:21 AM EDTJPMorgan analyst Doug Anmuth raised the price target on Alphabet (NASDAQ: GOOGL) to $212.00 (from $208.00) while maintaining a Overweight rating.
The analyst comments "Key standouts for us coming out of 3Q earnings were: 1) Googles increased confidence in its AI Search rollout; 2) strong Google Cloud acceleration (+35% Y/Y) & margin expansion (17.1% OPM); & 3) operating profit upside (32.3% OPM) w/continued... More

