Vetr cut shares of Alphabet Inc. (NASDAQ:GOOGL) from a strong-buy rating to a buy rating in a report published on Thursday. Vetr currently has $878.42 price target on the stock.

GOOGL has been the subject of several other reports. Mizuho reaffirmed a buy rating and set a $1,020.00 price objective (up from $1,010.00) on shares of Alphabet in a research report on Sunday, July 31st. Zacks Investment Research cut Alphabet from a buy rating to a hold rating in a research report on Thursday, October 27th. Bank of America Corp. reissued a buy rating and issued a $960.00 target price on shares of Alphabet in a research report on Monday, September 26th. Evercore ISI reissued a buy rating and issued a $830.00 target price on shares of Alphabet in a research report on Tuesday, July 26th. Finally, MKM Partners set a $935.00 target price on Alphabet and gave the company a buy rating in a research report on Monday. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and forty-six have given a buy rating to the company. Alphabet has an average rating of Buy and a consensus target price of $940.39.

Analyst Recommendations for Alphabet (NASDAQ:GOOGL)

Alphabet (NASDAQ:GOOGL) opened at 789.78 on Thursday. The stock has a market capitalization of $544.35 billion, a PE ratio of 28.91 and a beta of 0.92. The company’s 50-day moving average price is $803.24 and its 200 day moving average price is $769.21. Alphabet has a 12 month low of $672.66 and a 12 month high of $839.00.

A number of institutional investors have recently made changes to their positions in the stock. Park National Corp OH raised its stake in Alphabet by 0.3% in the third quarter. Park National Corp OH now owns 742 shares of the company’s stock valued at $597,000 after buying an additional 2 shares during the period. Alpha Windward LLC raised its stake in Alphabet by 0.9% in the third quarter. Alpha Windward LLC now owns 222 shares of the company’s stock valued at $179,000 after buying an additional 2 shares during the period. Park Avenue Securities LLC raised its stake in Alphabet by 0.7% in the third quarter. Park Avenue Securities LLC now owns 308 shares of the company’s stock valued at $247,000 after buying an additional 2 shares during the period. MCF Advisors LLC raised its stake in Alphabet by 1.9% in the second quarter. MCF Advisors LLC now owns 159 shares of the company’s stock valued at $112,000 after buying an additional 3 shares during the period. Finally, Independence Advisors LLC raised its stake in Alphabet by 0.5% in the third quarter. Independence Advisors LLC now owns 618 shares of the company’s stock valued at $497,000 after buying an additional 3 shares during the period. 34.07% of the stock is currently owned by hedge funds and other institutional investors.

Alphabet Company Profile

Alphabet Inc is a holding company. The Company holds interests in Google Inc (Google). The Company’s segments include Google and Other Bets. Google segment includes Internet products, such as Search, Ads, Commerce, Maps, YouTube, Apps, Cloud, Android, Chrome, Google Play, and hardware products, including Chromecast, Chromebooks and Nexus, which are sold by the Company.

5 Day Chart for NASDAQ:GOOGL

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