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- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
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- Needham Starts NeoVolta (NEOV) at Buy
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DA Davidson Starts Alphabet (GOOGL) at Neutral
September 10, 2024 8:52 AM EDTDA Davidson analyst Gil Luria initiates coverage on Alphabet (NASDAQ: GOOGL) with a Neutral rating and a price target of $170.00.
The analyst comments "We believe that as it faces challenges in its core Search business, Alphabet's opportunity will migrate to the rest of... More
Use pullback in Google stock to accumulate more shares: Piper Sandler
September 10, 2024 7:46 AM EDTPiper Sandler analysts encouraged long-term investors to take advantage of the recent pullback in Alphabet (NASDAQ: GOOGL) (Google) stock to accumulate more shares in a note to clients on Tuesday.
Despite the ongoing antitrust litigation against Google, Piper Sandler maintains an Overweight rating on the stock, with a slightly adjusted price target of $200, down from $206.
The antitrust case, particularly regarding Google's dominance in Search, poses near-term headline risks. However,... More
