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Google owner Alphabet (GOOGL) hit a new high on Wednesday after getting a price target boost from MKM Partners, which said mobile search revenue could turbocharge the company’s growth for the next several years. MKM boosted Alphabet’s price target to 945 from 805 and reiterated a buy rating on Alphabet stock. For now, MKM Partners analyst Rob Sanderson wrote in a research report that search giant Google’s “mobile search monetization . .. is still Scalper1 News
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