Alphabet Price Target Hiked On YouTube, Search Growth

By | December 28, 2015

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Alphabet (GOOGL) got a price target boost on Monday after Axiom Capital Management said that it foresees the search leader’s Q4 earnings beating consensus estimates, fueled by continued growth at Google video wing YouTube and an acceleration in paid search spending. The investment bank raised its price target on Alphabet stock to 1,000 from 900. Alphabet stock was up 1% in midday trading in the stock market today, near 774. Alphabet stock is up Scalper1 News

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