ibusinesslines.com
ibusinesslines.com October 23, 2017


Brokerages Set Alphabet Inc. (GOOG) PT at $1040.18

13 October 2017, 11:06 | Kelvin Horton

36.67% to Target, Credit Suisse Reconfirms Buy Rating for Alphabet (GOOGL) Stock; Boca Resorts (RST)'s Sentiment

039;OK Google,' How Will Alphabet Perform In Q3

Vetr upgraded Alphabet from a "buy" rating to a "strong-buy" rating and set a $1,069.98 target price on the stock in a research report on Tuesday, June 27th. The Sr VP now owns $0 of the stock as reported to the SEC. Credit Suisse maintained Alphabet Inc (NASDAQ:GOOGL) on Monday, July 10 with "Buy" rating. Jefferies Group LLC reiterated a "buy" rating and set a $1,200.00 price target on shares of Alphabet in a research note on Tuesday, July 4th. The stock of Alphabet Inc (NASDAQ:GOOGL) has "Buy" rating given on Monday, July 24 by RBC Capital Markets.

Alphabet (NASDAQ:GOOGL) opened at 993.27 on Friday. Shares of the company are trading at $989.25 which is marginally higher than $938.42, the stock's 50 day moving average and which is marginally over the 200 day moving average of $922.72. The firm's 50-day moving average price is $953.18 and its 200-day moving average price is $940.96.

Alphabet Inc.'s P/E ratio is 35.85 and market capitalization is 685.43B. Google has $1350.0 highest and $670 lowest target. Oppenheimer maintained Alphabet Inc (NASDAQ:GOOGL) on Monday, July 17 with "Buy" rating. Alphabet had a return on equity of 13.66% and a net margin of 19.49%. The company had revenue of $20.12 billion during the quarter, compared to the consensus estimate of $19.65 billion. The firm earned "Overweight" rating on Wednesday, June 8 by Morgan Stanley. On average, analysts anticipate that Alphabet Inc. will post $30.59 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY WARNING: This news story was originally posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this article on another publication, it was stolen and reposted in violation of U.S. & global copyright and trademark laws.


Shares of Alphabet Inc. The simple moving average is a mathematical calculation that takes the average price (mean) for a given amount of time. The total value of its holdings decreased 5.1%. As per Tuesday, February 2, the company rating was maintained by FBR Capital. (NASDAQ:GOOGL) by 0.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The shares were sold at an average price of $958.40, for a total transaction of $3,833,600.00. Over the last 90 days, insiders have sold 40,694 shares of company stock worth $38,042,264.

A number of other hedge funds have also made changes to their positions in GOOGL. Doyle Wealth Management grew its position in shares of Alphabet by 6.7% in the 2nd quarter. Parkside Financial Bank & Trust now owns 127 shares of the information services provider's stock valued at $118,000 after buying an additional 36 shares during the period. Delta Asset Management LLC TN now owns 136 shares of the information services provider's stock valued at $116,000 after purchasing an additional 2 shares during the period. Pure Financial Advisors Inc. now owns 278 shares of the information services provider's stock valued at $258,000 after buying an additional 1 shares in the last quarter. Finally, Odey Holdings AG lifted its holdings in shares of Alphabet by 18.2% in the 2nd quarter. Hartford Investment Management Co. now owns 79,529 shares of the information services provider's stock valued at $65,974,000 after acquiring an additional 4,602 shares during the period.

Ltd says it bought 950 shares in the previous quarter increasing its exposure to Alphabet Inc.by 1.0%. (Google) and its Internet products, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo and X. The Company's segments include Google and Other Bets.



Other News

Trending Now

Citigroup's Results Climb, Buoyed by Consumer Bank
Earnings per share rose about 15 percent to $1.42, bolstered by the bank's move to reduce its shares outstanding by 7 percent. The store cards business has been grappling with less successful collection efforts after accounts become delinquent.

Rose McGowan Twitter account gets 'temporarily locked'
When the interview was finished, Masse said, Weinstein hugged her tight and said, "I love you". We have contacted the actress and will update this story if she or her team responds.

Traders Buy Shares of Exxon Mobil Corporation (XOM) on Weakness
With 53,300 avg volume, 14 days are for Midsouth Bancorp Incorporated (NYSE:MSL)'s short sellers to cover MSL's short positions. It worsened, as 48 investors sold XOM shares while 822 reduced holdings. 103 funds opened positions while 639 raised stakes.

Amazon Investigated Studio Chief Roy Price Over Claim of Sexual Remarks
Amazon is developing two series with the Weinstein Company, Matthew Weiner's " The Romanoffs " and an untitled drama with David O. Both Hackett and Price were attending an Amazon party where Price then allegedly yelled "Anal sex" into the woman's ear.

Traders Secrets on Axalta Coating Systems Ltd. (AXTA), Pepsico, Inc. (PEP)
BidaskClub downgraded shares of Axalta Coating Systems from a "hold" rating to a "sell" rating in a report on Thursday, July 27th. Acrospire Investment Management LLC lifted its holdings in shares of Axalta Coating Systems by 257.0% in the 2nd quarter.

Brooklyn home invasion leaves man, 91, dead and wife injured, NYPD says
Grose said the Thompsons had been married for decades, and now Ethlin Brumley will be without her partner. They tied up the couple and rummaged through the house, one of several row homes on the block.

Samsung Electronics expects record US$12.8b Q3 operating profit
That was marked a new record for the company, which reported a 14.1 trillion won operating profit in the second quarter. Kwon has been working as de facto head of the company following the imprisonment of the Samsung heir Lee Jae-yong.