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Alphabet Inc (GOOGL) Received its Third Buy in a Row


After Merrill Lynch and Jefferies gave Alphabet Inc (NASDAQ: GOOGL) a Buy rating last month, the company received another Buy, this time from Tigress Financial. Analyst Ivan Feinseth reiterated a Buy rating on Alphabet Inc today. The company’s shares opened today at $1092.16.

According to TipRanks.com, Feinseth is a top 100 analyst with an average return of 18.8% and a 70.7% success rate. Feinseth covers the Services sector, focusing on stocks such as Bloomin’ Brands, Nordstrom Inc, and Walt Disney.

Currently, the analyst consensus on Alphabet Inc is a Strong Buy with an average price target of $1388.10, which is a 27.1% upside from current levels. In a report issued on September 27, Macquarie also maintained a Buy rating on the stock with a $1250 price target.

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The company has a one-year high of $1291.44 and a one-year low of $977.08. Currently, Alphabet Inc has an average volume of 1.81M.

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