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Alphabet (GOOG) (GOOGL) Price Targets Get Closer to a Googol Following Blowout Qtr

February 2, 2016 8:20 AM

Nearly every Wall Street analyst that covers Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is raising his or her price target on the Internet giant this morning following blow-out fourth quarter numbers with its fastest Ad Revenue growth since 2012.

Alphabet reported fourth quarter earnings of $8.67 per share, versus the analyst estimate of $8.08. Revenue for the quarter came in at $21.33 billion versus the consensus estimate of $20.77 billion.

The company is now the most valuable company in the world market cap, surpassing Apple (NASDAQ: AAPL).

Below is a summary of price target hikes tracked by StreetInsider Premium this morning:

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Analyst Comments Analyst PT Change

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