Alphabet shares rise after Evercore lifts Google Search outlook
Alphabet (GOOGL) shares were higher in Friday premarket after Evercore boosted its price target, citing evidence Google is regaining ground in online search. Evercore analyst Mark Mahaney raised the target to $450 from $420 and kept a Buy rating.
Alphabet (GOOGL, Financials) shares were higher in Friday's premarket after Evercore raised its price target on the company, citing evidence that Google was regaining ground in online search. Evercore analyst Mark Mahaney increased the target to $450 from $420 and maintained a Buy rating.