Google (GOOGL) (GOOG) Alphabet Re-Org 'Positive', BMO Capital Says

Google (GOOG) (GOOGL) Re-Org a Step Towards Greater Transparency, UBS Says

August 11, 2015 8:51 AM EDT

UBS analyst Eric Sheridan reiterated a Buy rating and $750 price target on Google (NASDAQ: GOOG) (NASDAQ: GOOGL) after the company announced the formation of Alphabet, which the analyst said is a step toward greater transparency.

Sheridan commented,... More

Google (GOOGL) (GOOG) 'Alphabet' Re-Org Increases Transparency and Provides Closer Look of Core Businesses, Macquarie Says

August 11, 2015 8:47 AM EDT

Macquarie analyst Ben Schachter reiterated an Outperform rating and $750 price target on Google (NASDAQ: GOOG) (NASDAQ: GOOGL) after the company announced an operational reorganization, separating the core Google businesses (search, ads, maps, YouTube, and Android) from investment and growth businesses (Fiber, Nest, Calico, Life Sciences, Google... More

Google (GOOGL) (GOOG) Undervaluation 'Clearer' Following Alphabet News, Evercore ISI Says

August 11, 2015 8:40 AM EDT

Evercore ISI analyst Ken Sena reiterated a Buy rating and $800 price target on Google (NASDAQ: GOOGL) (NASDAQ: GOOG) after the comapny made a surprise announcement that Google Inc. will now be known as Alphabet, a new consolidated operating structure... More

Monness, Crespi, Hardt Upgrades Google (GOOG) to Buy

August 11, 2015 8:18 AM EDT

Monness, Crespi, Hardt upgraded Google (NASDAQ: GOOG) from Neutral to Buy.

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

Shares of Google closed at $633.73 yesterday.

... More

Google (GOOG) (GOOGL) 'Alphabet' News Improves Accountability, Focus, and Transparency, Baird Says

August 11, 2015 8:14 AM EDT

Baird analyst Colin Sebastian reiterated his Outperform rating and $720 price target on Google (NASDAQ: GOOG) (NASDAQ: GOOGL) after the company announced it will be creating a new holding company Alphabet later this year.

Sebastian commented, "Overall, we believe the decentralized... More

Cantor Fitzgerald Positive on Google (GOOGL) (GOOG) New Holding Co. Structure

August 11, 2015 8:09 AM EDT

Cantor Fitzgerald analyst Youssef Squali reiterated a Buy rating and $720 price target on Google (NASDAQ: GOOGL)(NASDAQ: GOOG) after the company unveiled plans to create a new public holding company, Alphabet Inc., with Google Inc. (core... More

Google (GOOG) (GOOGL) Alphabet Split Increases Transparency, RBC Capital's Mahaney Says

August 11, 2015 8:05 AM EDT

RBC Capital analyst Mark Mahaney reiterated an Outperform rating and $750 price target on Google (NASDAQ: GOOG) (NASDAQ: GOOGL) following the creation of Alphabet, which will split the company into companies: Google (core ad, Android & Chrome businesses) and Alphabet (non-core and capital funding) by the end of the year under the Alphabet... More

Google's (GOOG) Price Target Raised to $840 at Deutsche Bank

August 11, 2015 7:02 AM EDT

Deutsche Bank maintained a Buy rating on Google (NASDAQ: GOOG) and raised its price target to $840.00 (from $780.00). Analyst Ross Sandler thinks Google is just hitting its stride.

"Google has been our top pick in 2015 owing to: 1) its discounted valuation vs. peers, 2) prevailing negative sentiment, 3) our belief that innovation is alive and well, and that Google management cares about its stock price, and 4) these management change periods are historically very good signals toward unlocking shareholder value. These latter two factors are... More

Mizuho Securities Upgrades Google (GOOGL) (GOOG) to Outperform on the 'Alphabet Soup' Catalyst

August 11, 2015 6:51 AM EDT

Mizuho Securities upgraded Google (NASDAQ: GOOGL) (NASDAQ: GOOG) from Neutral to Outperform with a price target of $715.00, after the company's material re-org announcement.

Analyst Neil Doshi commented, "Three of our biggest concerns around Google have been 1) lack of... More

Stifel Upgrades Google (GOOG) to Buy

August 11, 2015 6:41 AM EDT

Stifel upgraded Google (NASDAQ: GOOG) from Hold to Buy with a price target of $850.00.

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

Shares of Google closed at $633.73 yesterday.

... More

Cowen Boosts PT on Google (GOOG) to $840; New Structure Increases Transparency

August 11, 2015 6:12 AM EDT

Cowen and Company is out with commentary on Google (Nasdaq: GOOG)(Nasdaq: GOOGL) following news that the company has formed a new company in Alphabet. Cowen affirms Google at Outperform and boosts its price target from $775 up to $840.

Analyst John Blackledge noted the following implications with Monday's announcement:

Leadership alignment. With the Alphabets move, GOOG ushers into the spotlight a new cadre of leaders (like... More

Google (GOOG) Announces Plans for New Operating Structure; Will Form New Co. Call Alphabet

August 10, 2015 4:42 PM EDT

G is for Google.

As Sergey and I wrote in the original founders letter 11 years ago, Google is not a conventional company. We do not intend to become one. As part of that, we also said that you could expect us to make smaller bets in areas that might seem very speculative or even strange when compared to our current businesses. From the start, weve always strived to do more, and to do important and meaningful things with the resources we have.

We did a lot of things that seemed crazy at the time. Many of those crazy... More