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Positive Report for Alphabet Class A (GOOGL) from Citizens JMP

Positive Report for Alphabet Class A (GOOGL) from Citizens JMP

In a report released yesterday, Andrew Boone from Citizens JMP upgraded Alphabet Class A (GOOGL – Research Report) to a Buy, with a price target of $220.00. The company's shares closed yesterday at $173.54.
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Boone covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and DoorDash. According to TipRanks, Boone has an average return of 8.5% and a 52.72% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Alphabet Class A with a $199.20 average price target, a 14.79% upside from current levels. In a report released yesterday, Bank of America Securities also maintained a Buy rating on the stock with a $200.00 price target.
The company has a one-year high of $207.05 and a one-year low of $140.53. Currently, Alphabet Class A has an average volume of 41.24M.
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