Pivotal Research raised the firm’s price target on Alphabet (GOOGL) (GOOG) to $225 from $215 and keeps a Buy rating on the shares. Alphabet reported a “strong across the board beat” in Q3, highlighted by stronger than expected revenue in all categories, operating efficiencies and free cash flow, the analyst tells investors in a research note. The firm still sees “substantial upside from current levels.”
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Read More on GOOG:
- Alphabet upgraded to Buy from Neutral at Seaport Research
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