Interpublic shares jump after WSJ reports Omnicom is set to buy peer
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Goldman Sachs Reiterates Buy Rating on Alphabet (GOOGL)
December 11, 2024 1:47 PM ESTGoldman Sachs analyst Eric Sheridan reiterated a Buy rating and $210.00 price target on Alphabet (NASDAQ: GOOGL).
The analyst comments "Today, Alphabet unveiled the latest version of its flagship multi-modal AI model, Gemini 2.0. With Gemini 2.0, Alphabet has seemingly achieved a step-function improvement in model performance (with improvements vs. prior versions of Gemini and other 3P LLMs across a variety of standard benchmarks - link). Alongside the launch, Alphabet also showcased a wider array of capabilities powered by the new AI model - in addition to applying Gemini 2.0 to improve existing AI... More
Macquarie Reiterates Outperform Rating on Omnicom Group (OMC)
December 11, 2024 10:06 AM ESTMacquarie analyst Tim Nollen reiterated an Outperform rating and $120.00 price target on Omnicom Group (NYSE: OMC).
The analyst comments "Omnicom's acquisition of IPG creates a new number-one agency holding company, returning both companies to their former top spots from prior eras, but more importantly, it seeks to further rationalize an industry facing another round of tech investments. If Omnicom's attempted merger with... More
BofA Securities on Alphabet (GOOGL): 'Potential for tech moat for Google, and don’t forget TPUs'
December 10, 2024 1:45 PM ESTBofA Securities analyst Justin Post reiterated a Buy rating and $210.00 price target on Alphabet (NASDAQ: GOOGL)
The analyst comments "Potential for tech moat for Google, and dont forget TPUs. While the commercial induction of the quantum technology may still be years away,... More
Baird Comments on Alphabet (GOOGL)
December 10, 2024 9:43 AM ESTBaird analyst Colin Sebastian reiterated an Outperform rating and $205.00 price target on Alphabet (NASDAQ: GOOGL).
The analyst comments "Willow also reinforces Googles technology leadership. While quantum is still years from broad commercial adoption, the new Willow quantum chip showcases, in our view,... More
