Global Technology major Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) has suspended Pinduoduo’ (NASDAQ:PDD) app on the Play Store after spotting issues associated with malware, reported Reuters.
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In the meantime, Google is continuing an investigation. The development comes fresh on the heels of PDD’s fourth-quarter numbers. The company delivered nearly 50% growth in the top line but the numbers still fell short of analysts’ estimates.
Overall, the Street has a $123.78 consensus price target on Google implying a 21.4% potential upside in the stock. That’s on top of an 8.5% rise in the share price in the last five sessions alone.
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