Google 'moving in a good direction': What analysts are saying after tech giant's strong earnings

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 72%

Technology 뉴스

Breaking News: Technology,Alphabet Inc,Stock Markets

Among Wall Street firms Barclays has one of the highest price targets for shares of Alphabet, predicting 29% upside.

Major Wall Street banks remain bullish on Alphabet following the tech titan's strong third-quarter results . On Tuesday, Google's parent company reported earnings of $2.12 per share, while analysts polled by LSEG had predicted $1.85 per share. The company's revenue grew 15% year over year to $88.27 billion, more than the same quarter last year and the $86.30 billion analysts had anticipated. Shares of Alphabet popped about 6% on the back of the results.

mountain chart Analysts from major Wall Street shops including Barclays, Citi, JPMorgan, Bank of America, Goldman Sachs and Morgan Stanley all reiterated their overweight or buy-equivalent rating on the stock Here were the analysts' latest price targets. Alphabet's Class A shares closed at $169.68 on Tuesday afternoon.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인