Bernstein raised the firm’s price target on Alphabet to $180 from $165 and keeps a Market Perform rating on the shares following the Q1 report. Search, YouTube, and Cloud all saw growth accelerate quarter-over-quarter, the analyst tells investors in a research note. “Maybe slow and steady does win the race,” the firm contends.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GOOGL:
- TipRanks’ All-Star Analyst – Who is the Best on GOOGL Stock?
- Alphabet (NASDAQ:GOOGL): The Overlooked Magnificent Seven Stock Is Now Thriving
- GOOGL Earnings: Alphabet Soars 11% amid Earnings Beat, New Dividend
- Options Volatility and Implied Earnings Moves Today, April 25, 2024
- #SocialStocks: TikTok to challenge enactment of U.S. ban