BofA raised the firm’s price target on Alphabet (GOOG) (GOOGL) to $210 from $200 and keeps a Buy rating on the shares ahead of the company’s Q2 report due on July 23. Citing search checks that showed spending growth in Q2 improved as quarter progressed, the firm is slightly raising its “above-Street estimates” and now expects Q3 revenue and EPS of $81B and $2.21, respectively, versus the Street at $79.5B and $2.15, the analyst tells investors.
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