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Fly News Breaks for March 5, 2020
Mar 5, 2020 | 06:47 EDT
BofA analyst Justin Post is keeping his Buy rating and $1,620 price target on Alphabet, noting the company has only about 12% search exposure to travel related ad spending and about 9% of overall revenue. The analyst is lowering his FY20 revenue view by $1.5B to $188.5B and EPS by $1 to $53.23 due to the coronavirus related slowdown in travel, but sees no material impact on other ad verticals and expects Google travel to snap back in 2021.
News For GOOGL From the Last 2 Days
Apr 14, 2021 | 10:14 EDT
Check out today's top analyst calls from around Wall Street, compiled by The Fly. BUY ALPHABET, SNAP:... To see the rest of the story go to See Story Here
Apr 13, 2021 | 16:12 EDT
Wedbush analyst Ygal Arounian assumed coverage of Alphabet with an Outperform rating and $2,953 price target. The analyst added the shares to the Wedbush "Best Ideas List."
Apr 13, 2021 | 13:46 EDT
Last year, Google (GOOG) and ADT (ADT) announced a partnership for smart home security sales and installation with Nest products and now ADT is taking the next steps by selling Google Nest products with installation and consultation services provided by ADT technicians, CNET's Molly Price reports. Existing ADT customers with ADT Command & Control or Blue by ADT smart home security systems will now have the option of controlling their systems with Google Assistant through voice and touch control using a Nest Mini, Nest Hub or Nest Hub Max, the author notes, adding that ADT will install the Nest products if the customer purchases them through ADT or an ADT-authorized dealer. Reference Link