Alphabet (GOOGL) PT Raised to $3,200 at Raymond James
- Wall St drops as Meta Platforms, economic data weigh
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Dollar firmer on higher U.S. inflation; yen sinks vs euro, US currency
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Alphabet (GOOGL) PT Raised to $3,500 at Monness, Crespi, Hardt
July 28, 2021 8:58 AM EDTMonness, Crespi, Hardt analyst Brian White raised the price target on Alphabet (NASDAQ: GOOGL) to $3,500.00 (from $3,000.00) while maintaining a Buy rating.
The analyst commented, "Last night, Alphabet reported excellent 2Q:21 results and we expect the momentum to continue this year. We believe... More
Alphabet (GOOGL) PT Raised to $3,140 at Guggenheim
July 28, 2021 8:10 AM EDTGuggenheim analyst Michael Morris raised the price target on Alphabet (NASDAQ: GOOGL) to $3,140.00 (from $2,850.00) while maintaining a Buy rating.
The analyst commented, "Alphabet accelerated top-line growth on both a reported and 2-year CAGR comparison driven by strength in Search and Network advertising, YouTube brand (incremental... More
Alphabet (GOOG) PT Raised to $3,300 at Cowen
July 28, 2021 8:06 AM EDTCowen analyst John Blackledge raised the price target on Alphabet (NASDAQ: GOOG) to $3,300.00 (from $2,900.00) while maintaining an Outperform rating.
The analyst commented, "GOOG crushed 2Q21 results as topline accelerated meaningfully amid the backdrop of a robust ad market & momentum at... More
Alphabet (GOOGL) PT Raised to $3,000 at Stifel
July 28, 2021 7:23 AM EDTStifel analyst Scott Devitt raised the price target on Alphabet (NASDAQ: GOOGL) to $3,000.00 (from $2,700.00) while maintaining a Buy rating.
The analyst commented, "Alphabet reported impressive 2Q results that meaningfully exceeded Street expectations across all key metrics. 2Q revenue growth accelerated to +57% y/y... More
Alphabet (GOOGL) PT Raised to $3,200 at Needham & Company
July 28, 2021 6:56 AM EDTNeedham & Company analyst Laura Martin raised the price target on Alphabet (NASDAQ: GOOGL) to $3,200.00 (from $2,700.00) while maintaining a Buy rating.
The analyst commented, "GOOGL reported 2Q21 revenue of $61.9B, (up 62% y/y and 17% above our estimate), OIBDA of $26.1B up 102% y/y and 38%... More
Alphabet (GOOGL) PT Raised to $3,000 at BMO Capital
July 28, 2021 6:39 AM EDTBMO Capital analyst Daniel Salmon raised the price target on Alphabet (NASDAQ: GOOGL) to $3,000.00 (from $2,700.00) while maintaining an Outperform rating.
The analyst commented, "The outperformance of search/DR revenue is driving a step change in Google Services OI margins this... More
Alphabet (GOOGL) PT Raised to $3,400 at Wolfe Research
July 28, 2021 6:38 AM EDTWolfe Research analyst Deepak Mathivanan raised the price target on Alphabet (NASDAQ: GOOGL) to $3,400.00 (from $2,900.00) while maintaining a Outperform rating.
... MoreAlphabet (GOOGL) PT Raised to $3,000 at Mizuho Securities
July 28, 2021 6:34 AM EDTMizuho Securities analyst James Lee raised the price target on Alphabet (NASDAQ: GOOGL) to $3,000.00 (from $2,800.00) while maintaining a Buy rating.
... MoreAlphabet (GOOGL) PT Raised to $3,600 at Susquehanna
July 28, 2021 6:26 AM EDTSusquehanna analyst Shyam Patil raised the price target on Alphabet (NASDAQ: GOOGL) to $3,600.00 (from $3,100.00) while maintaining a Positive rating.
The analyst commented, "2Q was another beat across the board, with Search and YouTube putting up massive performances. Although the... More
Alphabet (GOOGL) PT Raised to $3,150 at BofA Securities
July 28, 2021 5:59 AM EDTBofA Securities analyst Justin Post raised the price target on Alphabet (NASDAQ: GOOGL) to $3,150.00 (from $2,755.00) while maintaining a Buy rating.
... MoreAlphabet (GOOGL) PT Raised to $3,400 at Credit Suisse
July 28, 2021 5:46 AM EDTCredit Suisse analyst Stephen Ju raised the price target on Alphabet (NASDAQ: GOOGL) to $3,400.00 (from $3,350.00) while maintaining a Outperform rating.
... MoreAlphabet (GOOGL) PT Raised to $3,200 at Barclays
July 28, 2021 5:28 AM EDTBarclays analyst Ross Sandler raised the price target on Alphabet (NASDAQ: GOOGL) to $3,200.00 (from $3,000.00) while maintaining a Overweight rating.
... MoreAlphabet (GOOGL) PT Raised to $3,150 at Jefferies
July 28, 2021 4:28 AM EDTJefferies analyst Brent Thill raised the price target on Alphabet (NASDAQ: GOOGL) to $3,150.00 (from $2,950.00) while maintaining a Buy rating.
... MoreAlphabet (GOOGL) PT Raised to $3,000 at Morgan Stanley
July 28, 2021 2:06 AM EDTMorgan Stanley analyst Brian Nowak raised the price target on Alphabet (NASDAQ: GOOGL) to $3,000.00 (from $2,575.00) while maintaining a Overweight rating.
... MoreAfter-Hours Stock Movers 07/27: (LKFN) (TENB) (MAT) Higher; (TDOC) (CAKE) (CSGP) Lower (more...)
July 27, 2021 5:58 PM EDTAfter-Hours Stock Movers:
Lakeland Financial Corp. (NASDAQ: LKFN) 7.9% HIGHER; will replace GameStop in the S&P SmallCap 600
Tenable (Nasdaq: TENB) 7.6% HIGHER; Revenue was $130.3 million, a 22% increase year-over-year.
Teladoc (NYSE: TDOC) 7% LOWER; reported Q2 EPS of ($0.86), may not compare to the analyst estimate of ($0.56). Revenue for the quarter came in at $503 million versus the consensus estimate of $500.7 million. Teladoc sees Q3 2021 EPS of ($0.78)-($0.68), versus the consensus of ($0.50).... More
Alphabet (GOOGL) gains 2.5% following the massive Q2 beat
July 27, 2021 4:38 PM EDTAlphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) gains 2.5% following the massive Q2 beat.
... MoreGoogle parent Alphabet reaches record quarterly revenue, profit in ad boom
July 27, 2021 4:21 PM EDTBy Sheila Dang and Nivedita Balu
(Reuters) -Google parent Alphabet Inc's quarterly revenue and profit surged to record highs, the company reported on Tuesday, powered by a rise in advertising spending as more consumers shopped online.
Shares of Alphabet, the world's largest provider of search and video ads, rose 3.3% in extended trading after the results, which handily beat analyst estimates. Shares of Facebook, which competes with Google in web ad sales and reports its own results on Wednesday, rose 1.3%.
Overall, it was a stellar day for the big U.S. tech companies - Apple and Microsoft also reported record... More
Alphabet (GOOG) (GOOGL) Tops Q2 EPS by $8.05
July 27, 2021 4:14 PM EDTAlphabet (NASDAQ: GOOG) reported Q2 EPS of $27.26, $8.05 better than the analyst estimate of $19.21. Revenue for the quarter came in at $61.88 billion versus the consensus estimate of $56.02 billion.
For earnings history and earnings-related data on Alphabet (GOOG) click here.
... MoreAlphabet (GOOGL) July weekly 2610 straddle priced for a move of +/- 6% into quarter results
July 27, 2021 1:13 PM EDTAlphabet (NASDAQ: GOOGL) July weekly 2610 straddle priced for a move of +/- 6% into the expected release of quarter results today after the bell.
... More