Alphabet (GOOG) (GOOGL) PT Raised to $850 AT Credit Suisse

Credit Suisse analyst S. Ju reiterated an Outperform rating and boosted its price target on Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) to $850.00 (from $815.00).

Ju commented, "Google reported higher than expected net revenue of $15.3b vs CS $15.0b; adjusted EBITDA was $7.4b vs CS $6.5b. Adj. EPS was $7.35 vs CS $6.13 and consensus $7.20. We maintain our Outperform rating and our price target increases from $815 to $850. "

For an analyst ratings summary and ratings history on Alphabet click here. For more ratings news on Alphabet click here.

Shares of Alphabet closed at $651.79 yesterday.

You May Also Be Interested In

• Macquarie Double Upgrades Kinsus Interconnect Technology Corp (3189:TT) to Outperform
• APR Corp (278470:KS) PT Raised to KRW530,000 at Macquarie
• PT Telekomunikasi Indonesia Tbk (TLKM:IJ) (TLKMF) PT Lowered to IDR2,900 at Macquarie