Cryptocurrency-exposed stocks fall as Bitcoin rally loses some steam
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Alphabet (GOOGL) a more defensive stock in 2023 - BofA
January 31, 2023 1:19 PM ESTAhead of Alphabet's (NASDAQ: GOOGL) earnings release on Thursday, February 2, BofA analyst Justin Post raised the firm's price target on the stock to $119 from $116, maintaining a Buy rating.
Post told investors in a research note that the firm is updating estimates for FX and the tech giant's recent cost-cutting.
"We are at revenue/GAAP EPS of $63.6bn/$1.20 vs... More
