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JPMorgan analyst Doug Anmuth reiterated an Overweight rating and raised his price target on Alphabet (NASDAQ: GOOG) to $950.00 (from $920.00) following Q2 results. The analyst offered 5 Key Takeaways From Alphabet Earnings:
1) Alphabets FXHN revenue growth accelerated from +23% in 1Q16 to +25% in 2Q and was the companys strongest revenue growth in more than 4 years. The primary drivers remain mobile and YouTube,... More
Goldman Sachs analyst Heather Bellini reiterated a Conviction Buy List rating and upped her price target on Alphabet (NASDAQ: GOOG) to $930.00 (from $810.00) following strong Q2 results.
Bellini commented, "As with recent quarters, mobile search strength was called out as a key driver of... More
Oppenheimer analyst Jason Helfstein reiterated an Outperform rating and raised his price target on Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) to $970.00 (from $958.00) following strong Q2 results.
Helfstein commented, "Following strong 2Q results, we are maintaining our Outperform rating and... More
UBS analyst Eric Sheridan reiterated a Buy rating and raised his price target on Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) to $925.00 (from $880.00) following strong results after the close.
commented, "With its Q2 EPS report, Alphabet continued to build... More
Needham & Company analyst Kerry Rice raised her price target on Buy Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) price target of $900.00 (from $825.00)
Rice commented, "Alphabet delivered strong 2Q16 upside highlighted by accelerating Google Website's growth and... More
Jefferies US Internet Team reiterated a Buy rating and raised its price target on Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) to $1,000.00 (from $925.00) following strong results after the close.
The team commented, "Google easily beat estimates with top-line growth... More
Macquarie analyst Ben Schachter reiterated an Outperform rating and raised his price target on Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) to $975.00.
Schachter commented, "Yet another exceptionally strong quarter for GOOG. The drivers and the results were quite... More
Alphabet (NASDAQ: GOOG) reported Q2 EPS of $8.42, $0.39 better than the analyst estimate of $8.03. Revenue for the quarter came in at $21.5 billion versus the consensus estimate of $20.76 billion.
"Our terrific second quarter results, with 21% revenue growth year on year, and 25% on a constant currency... More
