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- Wall St rebounds with broad gains as oil slides sharply
- Brent hits lowest since before start of Iran war as more tankers exit Hormuz, easing supply
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- JPMorgan raises S&P 500 target to 7,800, says earnings revision ’unprecedented’
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Alphabet (GOOGL) PT Raised to $176 at Tigress Financial Partners
November 21, 2023 2:26 PM ESTTigress Financial Partners analyst Ivan Feinseth raised the price target on Alphabet (NASDAQ: GOOGL) to $176.00 while maintaining a Strong Buy rating.
The analyst comments "
We reiterate our Strong Buy rating on GOOGL and increase our 12-month target price to $176 as Search and Advertising revenue will continue to see a reacceleration of growth, and the ongoing integration of AI functionality will continue to drive its leadership position across all key technology trends and business lines. GOOGL should see a significant reacceleration of revenue growth in Q4 of this year and accelerate further in 2024... More
Evercore ISI says Google has a stronger case in DoJ trial
November 21, 2023 10:47 AM ESTEvercore ISI analysts provided their thoughts on what they learned from the Alphabet (NASDAQ: GOOGL)/DOJ trial in a note Tuesday.
The evidentiary portion of the Google vs DOJ legal battle has concluded and, Evercore said that while much of the evidence and testimony was behind closed doors, "there were some interesting details disclosed during the public part of the trial."
During the trial, It was... More
