TD Cowen analyst John Blackledge raised the firm’s price target on Alphabet (GOOG) to $355 from $350 and keeps a Buy rating on the shares. The firm adjusted the price target following its advertising buyer survey as part of a Q4 preview. Google Search offers the highest return on investment and best measurement, the analyst tells investors in a research note. TD believes Google will maintain its leadership in worldwide digital advertising.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GOOG:
- BlackRock (BLK) Shifts AI Focus from Big Tech to Energy and Infrastructure Stocks
- Trump says utility bills higher due to big tech data centers
- Trump says utility bills higher dude to big tech data centers
- Five9 launches joint Enterprise CX AI solution with Google Cloud
- Wayfair partners with Google on AI-powered shopping
