Monness analyst Brian White assigned a Buy rating to Alphabet Inc (NASDAQ: GOOGL) today and set a price target of $1306. The company’s shares opened today at $1203.81, close to its 52-week high of $1210.44.
According to TipRanks.com, White is a top 100 analyst with an average return of 17.0% and a 69.5% success rate. White covers the Technology sector, focusing on stocks such as Salesforce.com, Cloudera Inc, and Oracle Corp.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Alphabet Inc with a $1267.73 average price target, a 5.3% upside from current levels. In a report issued on July 11, Nomura also initiated coverage with a Buy rating on the stock.
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The company has a one-year high of $1210.44 and a one-year low of $918.60. Currently, Alphabet Inc has an average volume of 1.85M.
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