Alphabet Remains Core Tech Bet But Regulatory Risks and AI Uncertainties Loom: Analysts
GOOGAlphabet(GOOG) Benzinga·2024-09-06 01:34

Analysts re-rated Google parent Alphabet Inc GOOGL Thursday.Cantor Fitzgerald analyst Deepak Mathivanan initiated coverage on Alphabet with a Neutral rating and a price target of 190.WedbushanalystScottDevittreiteratedAlphabetwithanOutperformratinganda190.Wedbush analyst Scott Devitt reiterated Alphabet with an Outperform rating and a 205 price target.Cantor Fitzgerald: Mathivanan noted that Google should remain at the core of a growth-oriented technology, media, and telecom (TMT) portfolio. However, the analyst noted limited upside to both Street estimates and valuation multi ...