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Alphabet (GOOGL) PT Raised to $170 at Redburn-Atlantic, 'Search resilience underappreciated'

February 23, 2024 6:09 AM EST

Redburn-Atlantic analyst James Cordwell raised the price target on Alphabet (NASDAQ: GOOGL) to $170.00 (from $165.00) while maintaining a Buy rating.

The analyst comments "With Alphabets forward PE now just in line with that of the S&P, sentiment has clearly turned negative regarding... More