Bernstein analyst Mark Shmulik maintained a Hold rating on Alphabet Class A (GOOGL – Research Report) today and set a price target of $180.00. The company’s shares closed yesterday at $158.06.
According to TipRanks, Shmulik is ranked #250 out of 9030 analysts.
In addition to Bernstein, Alphabet Class A also received a Hold from D.A. Davidson’s Gil Luria in a report issued on September 11. However, yesterday, Evercore ISI maintained a Buy rating on Alphabet Class A (NASDAQ: GOOGL).
GOOGL market cap is currently $1950.9B and has a P/E ratio of 22.67.
TipRanks tracks over 100,000 company insiders, identifying the select few who excel in timing their transactions. By upgrading to TipRanks Premium, you will gain access to this exclusive data and discover crucial insights to guide your investment decisions. Begin your TipRanks Premium journey today.
Alphabet Class A (GOOGL) Company Description:
Alphabet is a holding company, with Google, the Internet media giant, as a wholly owned subsidiary. Google accounts for 99% of Alphabet’s revenue, of which, substantial revenue is generated from online ads. Google’s other revenue is from sales of apps and content on Google Play and YouTube, as well as cloud services fees and other licensing revenue. Google also sells hardware products like Chromebooks, the Pixel smartphone, and smart homes products, which include Nest and Google Home. Alphabet’s Other Bets business is comprised of moonshot investments in Access, Calico, CapitalG, GV, Verily, Waymo, X and others.
Read More on GOOGL:
- Google’s 20% ad transaction cut the subject of week 1 trial, The Verge reports
- Gannett placed on ‘positive catalyst watch’ at Citi
- Meta Bans RT and Other Russian Media from Apps After DOJ Accusations
- AMZN, GOOGL, or MSFT: Which Cloud Computing Giant Is the Best Pick?
- Analysts weigh in on potential U.S. satellite-TV provider tie-up
