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Jefferies positive on Alphabet's new CFO, sees potential for stronger returns
June 6, 2024 7:29 AM EDTJefferies maintained a Buy rating on Alphabet (NASDAQ: GOOGL) following the appointment of Anat Ashkenazi as CFO, citing her strong track record and potential to unlock shareholder value.
"We believe investors will look positively on GOOGL's appointment," states Jefferies, which has a $200 price target on GOOGL.
They highlight Ashkenazi's impressive tenure at Eli Lilly (LLY), where... More
