Multiple Investment Banks Lower Alphabet's Target Price, Barclays and Montreal Bank Raise It
Prefer us on GoogleSeveral investment banks have lowered the target price for Alphabet, Google's parent company. New Street Research cut its target price from $455 to $405; UBS reduced it from $400 to $379; Oppenheimer lowered it from $445 to $400; D.A. Davidson decreased it from $375 to $350; Wells Fargo adjusted it from $418 to $411; and Morgan Stanley reduced it from $415 to $400. In contrast, Montreal Bank raised its target price from $455 to $465, while Barclays increased its target price from $405 to $425.
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