"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.Alphabet’s Price Target Raised by More Than Two Dozen Analysts - Digits - WSJ
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."
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...)
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment