Alphabet Inc Receives a Buy from Canaccord Genuity

By Jason Carr

In a report released today, Michael Graham from Canaccord Genuity reiterated a Buy rating on Alphabet Inc (NASDAQ: GOOGL), with a price target of $925. The company’s shares opened today at $778.55.

According to TipRanks.com, Graham is a 5-star analyst with an average return of 8.6% and a 51.7% success rate. Graham covers the Technology sector, focusing on stocks such as IAC/InterActiveCorp, Spark Networks Plc, and Angie’s List Inc.

Currently, the analyst consensus on Alphabet Inc is Strong Buy and the average price target is $969.13, representing a 24.5% upside.

In a report issued on November 16, Robert W. Baird also reiterated a Buy rating on the stock.

The company has a one year high of $839 and a one year low of $672.66. Currently, Alphabet Inc has an average volume of 1.82M.