ALPHABET ($GOOGL ) DOWN 11% PREMARKET AFTER Q3 EARNINGS Wall Street responds with 13 price-target cuts and one rating downgrade. PRICE TARG…
ALPHABET ($GOOGL ) DOWN 11% PREMARKET AFTER Q3 EARNINGS
Wall Street responds with 13 price-target cuts and one rating downgrade.
PRICE TARGET CUTS — RANKED BY SIZE
🔸 Citi: $447 → $375 (−$72 / −16.1%)
🔸 Susquehanna: $460 → $400 (−$60 / −13.0%)
🔸 Bernstein: $385 → $325 (−$60 / −15.6%)
🔸 BofA: $430 → $380 (−$50 / −11.6%)
🔸 DA Davidson: $350 → $300 (−$50 / −14.3%)
🔸 Morgan Stanley: $400 → $375 (−$25 / −6.3%)
🔸 KeyBanc: $410 → $385 (−$25 / −6.1%)
🔸 Rosenblatt: $410 → $380 (−$30 / −7.3%)
🔸 Barclays: $425 → $405 (−$20 / −4.7%)
🔸 Baird: $400 → $380 (−$20 / −5.0%)
🔸 Evercore ISI: $450 → $435 (−$15 / −3.3%)
RATING DOWNGRADE
🔸 Citizens: Market Outperform → Market Perform
UNCHANGED BULLISH TARGETS
🔸 Pivotal Research: $475 — Buy
🔸 Canaccord: $450 — Buy
🔸 Guggenheim: $450 — Buy