Multiple investment banks have lowered their target prices for Google's parent company Alphabet, with only Barclays and the Bank of Montreal bucking the trend by raising theirs.
The Odaily planet daily reports that multiple investment banks have lowered their target prices for Google's parent company Alphabet, with only Barclays and the Bank of Montreal bucking the trend by raising theirs:
New Street Research lowered its Alphabet target price from $455 to $405.
UBS Group lowered its Alphabet target price from $400 to $379.
Oppenheimer lowered its Alphabet target price from $445 to $400.
Investment bank D.A. DAVIDSON lowered its Alphabet target price from $375 to $350.
Wells Fargo lowered its Alphabet target price from $418 to $411.
Morgan Stanley lowered its Alphabet target price from $415 to $400.
The Bank of Montreal raised its Alphabet target price from $455 to $465.
Barclays raised its Alphabet target price from $405 to $425.
