Information Provided By:
Fly News Breaks for February 4, 2020
Feb 4, 2020 | 09:07 EDT
JPMorgan analyst Doug Anmuth raised his price target for Alphabet to $1,535 from $1,460 while maintaining an Overweight rating on the shares. The analyst understands the post-earnings pullback in the shares, particularly following outperformance over the past couple months, saying the light Q4 revenue overshadowed the increased disclosures. While the mix of ad revenue differs from expectations, it shows the sustainability of search growth led by mobile, and the "headroom" for YouTube, especially as bigger TV dollars begin to shift online, Anmuth tells investors in a research note. The analyst adds that while Street estimates may come down some near-term, he continues to like Google shares.
News For GOOG;GOOGL From the Last 2 Days
Sep 22, 2021 | 15:56 EDT
Welcome to "#SocialStocks," The Fly's weekly recap of Wall Street's reactions to social media stock news. ANTITRUST LATEST: The... To see the rest of the story go to See Story Here
Sep 21, 2021 | 10:06 EDT
The Subcommittee on Competition Policy, Antitrust & Consumer Rights holds a hearing entitled, "Big Data, Big Questions: Implications for Competition & Consumers" with Sheila Colclasure , Global Chief Digital Responsibility & Public Policy Officer at IPG Kinesso, Steve Satterfield, Vice President of Privacy & Public Policy at Facebook and Markham Erickson, Vice President of Government Affairs & Public Policy at Google on September 21 at 2:30 pm. Webcast Link