Alphabet (GOOG) (GOOGL) PT Raised to $1050 at Cowen

Cowen raised its price target on Outperform-rated Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) to $1,050.00 (from $1,000.00) off strong Ad Buyer Survey and GOOG showing.

The analyst commented, "Search remains an enduring franchise, YouTube's ascending in Video as a primary platform for new branding initiatives, demonstrating programmatic leadership. Introducing new long-term estimates."

For an analyst ratings summary and ratings history on Alphabet click here. For more ratings news on Alphabet click here.

Shares of Alphabet closed at $806.65 yesterday.

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