Impact of Brokerage Rating on Alphabet Inc.(GOOGL)

Many Alphabet Inc.(GOOGL) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Alphabet Inc was Reiterated by Mizuho on Jan 27, 2017 to Buy, Lowers Price Target to $ 1024 from a previous price target of $1025 .Company shares were Reiterated by Stifel on Jan 27, 2017 to Buy, Raises Price Target to $ 1050 from a previous price target of $950 .Company shares were Reiterated by Aegis Capital on Jan 27, 2017 to Buy, Raises Price Target to $ 1011 from a previous price target of $980 .Company shares were Reiterated by Canaccord Genuity on Jan 27, 2017 to Buy, Raises Price Target to $ 950 from a previous price target of $925 .Alphabet Inc was Resumed by Pacific Crest to Overweight on Jan 20, 2017.

Alphabet Inc. (NASDAQ:GOOGL) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.33 by 26 Brokerage Firm. 21 Wall Street Firms have rated the stock as a strong buys. 3 stock experts have also suggested a buy rating. 1 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.

Alphabet Inc. (NASDAQ:GOOGL): The stock price is expected to reach $ 967.8 in the short term. The number of analysts agreeing with this consensus is 30. The higher estimate for the short term price target is at $1100 while the lower estimate is at $700. The standard deviation of the price stands at $76.64.

Alphabet Inc. (NASDAQ:GOOGL) rose 0.13% or 1.07 points on Tuesday and made its way into the gainers of the day. After trading began at $839.77 the stock was seen hitting $842 as a peak level and $835.83 as the lowest level. The stock ended up at $840.03. The daily volume was measured at 1,363,345 shares. The 52-week high of the share price is $867 and the 52-week low is $672.66. The company has a market cap of $580,814 million.

Alphabet Inc. is engaged in technology business. The Company provides web-based search, advertisements, maps, software applications, mobile operating systems, consumer content, enterprise solutions, commerce and hardware products through its subsidiaries. Alphabet Inc., formerly known as Google Inc., is headquartered in Mountain View, California.

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