A number of firms have modified their ratings and price targets on shares of Alphabet (NASDAQ: GOOG) recently:

  • 10/2/2017 – Alphabet was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $988.73 price target on the stock.
  • 9/29/2017 – Alphabet had its “buy” rating reaffirmed by analysts at Morgan Stanley.
  • 9/26/2017 – Alphabet had its “buy” rating reaffirmed by analysts at Bank of America Corporation. They now have a $1,100.00 price target on the stock.
  • 9/23/2017 – Alphabet had its “buy” rating reaffirmed by analysts at SunTrust Banks, Inc.. They now have a $1,100.00 price target on the stock.
  • 9/23/2017 – Alphabet had its “outperform” rating reaffirmed by analysts at Robert W. Baird. They now have a $1,100.00 price target on the stock.
  • 9/23/2017 – Alphabet had its “overweight” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $1,100.00 price target on the stock.
  • 9/11/2017 – Alphabet had its “buy” rating reaffirmed by analysts at UBS AG. They now have a $1,080.00 price target on the stock.
  • 9/11/2017 – Alphabet had its “outperform” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $1,050.00 price target on the stock.
  • 8/31/2017 – Alphabet had its “outperform” rating reaffirmed by analysts at Credit Suisse Group.
  • 8/30/2017 – Alphabet was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $1,033.60 price target on the stock.
  • 8/28/2017 – Alphabet was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $1,031.46 price target on the stock.
  • 8/26/2017 – Alphabet had its “outperform” rating reaffirmed by analysts at Robert W. Baird. They now have a $1,100.00 price target on the stock.
  • 8/26/2017 – Alphabet had its “buy” rating reaffirmed by analysts at Monness Crespi & Hardt.
  • 8/25/2017 – Alphabet was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 8/24/2017 – Alphabet had its “overweight” rating reaffirmed by analysts at UBS AG.
  • 8/22/2017 – Alphabet was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $1,031.46 price target on the stock.
  • 8/17/2017 – Alphabet was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 8/16/2017 – Alphabet is now covered by analysts at SunTrust Banks, Inc.. They set a “buy” rating and a $1,100.00 price target on the stock.
  • 8/16/2017 – Alphabet was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $1,034.88 price target on the stock.
  • 8/10/2017 – Alphabet had its “buy” rating reaffirmed by analysts at MKM Partners. They now have a $1,210.00 price target on the stock, up previously from $1,170.00.
  • 8/10/2017 – Alphabet had its “outperform” rating reaffirmed by analysts at Cowen and Company. They now have a $1,075.00 price target on the stock.
  • 8/9/2017 – Alphabet had its “overweight” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $1,050.00 price target on the stock.

Shares of Alphabet Inc. (GOOG) traded down 0.101% on Wednesday, hitting $956.825. 122,789 shares of the stock traded hands. The firm has a market capitalization of $662.96 billion, a PE ratio of 34.676 and a beta of 0.94. Alphabet Inc. has a 52 week low of $727.54 and a 52 week high of $988.25. The firm’s 50 day moving average is $928.78 and its 200 day moving average is $917.09.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Monday, July 24th. The information services provider reported $5.01 EPS for the quarter, topping the consensus estimate of $4.43 by $0.58. Alphabet had a net margin of 19.49% and a return on equity of 13.66%. The firm had revenue of $26.01 billion for the quarter, compared to analysts’ expectations of $25.61 billion. During the same period in the previous year, the firm posted $8.42 EPS. The company’s revenue for the quarter was up 21.0% on a year-over-year basis. On average, analysts expect that Alphabet Inc. will post $30.59 EPS for the current fiscal year.

In other news, VP James Grier Campbell sold 184 shares of the company’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $932.38, for a total transaction of $171,557.92. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Ann Mather sold 38 shares of the stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $959.26, for a total value of $36,451.88. Following the completion of the sale, the director now directly owns 1,797 shares of the company’s stock, valued at approximately $1,723,790.22. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 38,694 shares of company stock valued at $36,108,204. Company insiders own 13.92% of the company’s stock.

Alphabet Inc is a holding company. The Company’s businesses include Google Inc (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. The Google segment includes its Internet products, such as Search, Ads, Commerce, Maps, YouTube, Google Cloud, Android, Chrome and Google Play, as well as its hardware initiatives.

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