Alphabet (GOOGL) PT Lowered to $1,077 at JMP Securities

JMP Securities lowered its price target on Alphabet (NASDAQ: GOOGL) to $1,077.00 (from $1,095.00) while maintaining a Market Outperform rating.

FY 2017 EPS estimate rises from $30.42 to $30.82 and FY 2018 EPS estimate falls from $41.03 to $40.62.

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