Susquehanna raised the firm’s price target on Alphabet to $225 from $170 and keeps a Positive rating on the shares. The firm they reported a solid 1Q with revenue and profitability beating expectations, driven by strength in advertising and cloud.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GOOGL:
- Apple (NASDAQ:AAPL) Boosts AI Capabilities Ahead of Q2 Earnings
- Microsoft and Alphabet: ‘Keep on Buying,’ Say Top Analysts About These 2 AI Giants
- Media Companies Battle for NBA Streaming Rights
- Alphabet announcing $3B in investments in data centers in Virginia and Indiana
- Early notable gainers among liquid option names on April 26th