Tuesday, February 02, 2016

Alphabet’s Price Target Raised by More Than Two Dozen Analysts - Digits - WSJ

Perhaps a king-for-a-day experience for GOOG; according to Google Finance, Google ended the day up ~1.7%; Google Finance shows mkt caps $519.9B GOOG and $533.6B AAPL (although Yahoo Finance shows $525.87B GOOG and $523.85B AAPL; go figure...)

"The company reported better-than-expected fourth-quarter earnings and revenues Monday night. Then it dethroned Apple Inc. as the most valuable publicly-traded company on any exchange. Now, its shares are trading at a record high after at least 27 analysts upped their price targets on Alphabet’s stock.

After the company posted strong growth and rising profitability at its main Internet business, the average price target among 51 Alphabet analysts surveyed by FactSet rose to $913.91 from $862.09 at the end of January, 15% above where shares recently traded at $796.14."
Alphabet’s Price Target Raised by More Than Two Dozen Analysts - Digits - WSJ
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