Home » Alphabet’s + 69% YTD does not satisfy analysts: buy plebiscite on the stock and Morgan Stanley raises target price

Alphabet’s + 69% YTD does not satisfy analysts: buy plebiscite on the stock and Morgan Stanley raises target price

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Morgan Stanley analysts raise the bar on Alphabet confirming overweight with a target price of $ 3,200 from the $ 3,000 indicated above. The Alphabet stock, recovering from -3% on the eve, scores +1.77 to 2,920 dollars on Wall Street.

Among the analysts monitored by Bloomberg, 98% say buy on the Alphabet stock with an average target price of $ 3,321, 15.7% above the levels at which the stock of the parent company of Google is currently traveling. Since the beginning of the year, Alphabet has recorded over + 69%.

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