Scotiabank analyst Nat Schindler raised the firm’s price target on Alphabet (GOOG) to $336 from $310 and keeps an Outperform rating on the shares. The company has delivered another “broad-based beat,” clearing Street expectations, the analyst tells investors. Google continues to execute at scale, monetizing AI while maintaining free cash flow, the firm adds.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GOOG:
- Alphabet price target raised to $330 from $310 at Seaport Research
- Alphabet price target raised to $320 from $245 at Wedbush
- Broadcom Hits Record High as AI Boom Drives Investor Confidence
- Alphabet price target raised to $350 from $225 at Susquehanna
- Morning Movers: Alphabet, Eli Lilly rise following quarterly results