Global Stock News

Wall Street analysts update Google stock price ahead of earnings

Wall Street analysts update Google stock price ahead of earnings

Wall Street analysts remain overwhelmingly bullish on Alphabet (NASDAQ: GOOGL) ahead of its July 22 earnings report, with the average Google stock price target implying more than 26% upside from current levels.

According to analyst data compiled by TipRanks, 34 Wall Street analysts covering Alphabet over the last three months maintain a ‘Strong Buy’ consensus. 

Google stock 12-month. Source: TipRanks

Of those, 29 recommend buying the stock, while five suggest holding. The average 12-month Google stock price target stands at $437.79, implying roughly 26% upside from the recent share price near $346.77.

The bullish outlook comes as analysts expect Alphabet to deliver another strong quarter driven by continued growth…

Source link

Share this article

Scroll to Top