Svmuu News: Recently, several investment banks have lowered their target prices for Alphabet, the parent company of Google, with only Barclays and Bank of Montreal bucking the trend by raising theirs:
New Street Research lowered its target price for Alphabet from $455 to $405.
UBSGroup lowered its target price for Alphabet from $400 to $379.
Oppenheimer lowered its target price for Alphabet from $445 to $400.
Investment bank D.A. Davidson lowered its target price for Alphabet from $375 to $350.
Wells Fargo lowered its target price for Alphabet from $418 to $411.
Morgan Stanley lowered its target price for Alphabet from $415 to $400.
Bank of Montreal raised its target price for Alphabet from $455 to $465.
Barclays raised its target price for Alphabet from $405 to $425.
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Several investment banks have lowered their price targets for Alphabet, the parent company of Google, with only Barclays and Bank of Montreal bucking the trend by raising theirs.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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