Alphabet price target raised to $225 from $215 at Pivotal Research
The Fly

Alphabet price target raised to $225 from $215 at Pivotal Research

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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