Canaccord Genuity Believes GOOGL Still Has Room to Grow

By Jason Carr

In a report released yesterday, Michael Graham from Canaccord Genuity reiterated a Buy rating on Alphabet Inc (NASDAQ: GOOGL), with a price target of $950. The company’s shares closed yesterday at $844.93, close to its 52-week high of $867.

According to TipRanks.com, Graham is a 5-star analyst with an average return of 9.7% and a 56.3% success rate. Graham covers the Technology sector, focusing on stocks such as IAC/InterActiveCorp, Spark Networks Plc, and Angie’s List Inc.

Alphabet Inc has an analyst consensus of Strong Buy, with a price target consensus of $1002.

The company has a one year high of $867 and a one year low of $672.66. Currently, Alphabet Inc has an average volume of 1.64M.

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