Wall Street sets Google stock price target

Pivotal Research raised its Google (NASDAQ: GOOGL) price target from $420 to a Street-high $470 while maintaining a Buy rating. The higher target signals increased analyst confidence in Alphabet's fundamentals and outlook, though the update is incremental rather than a major catalyst.

Analysis

Pivotal Research raised its Google (NASDAQ: GOOGL) price target from $420 to a Street-high $470 while maintaining a Buy rating. The higher target signals increased analyst confidence in Alphabet's fundamentals and outlook, though the update is incremental rather than a major catalyst.