<div id="readability-page-1"><p><span>Alphabet (NASDAQ:GOOG - Get Free Report)</span> had its price objective lifted by TD Cowen  from $270.00 to $280.00 in a report issued on Wednesday,Benzinga reports. The firm presently has a &#34;buy&#34; rating on the information services provider's stock. TD Cowen's price target suggests a potential upside of 13.76% from the stock's previous close.</p><ul><li>Broadcom’s VMware Push Takes Aim at Microsoft, Google, &amp; Amazon</li></ul><p>Several other research analysts have also weighed in on the company. Lake Street Capital  reiterated a &#34;buy&#34; rating on shares of Alphabet in a report on Wednesday, July 9th. Jefferies Financial Group lifted their price target on Alphabet from $230.00 to $285.00 and gave the company a &#34;buy&#34; rating in a research note on Thursday, October 2nd. Scotiabank lifted their price target on Alphabet from $200.00 to $240.00 and gave the company a &#34;sector outperform&#34; rating in a research note on Tuesday, July 22nd. Oppenheimer  reissued an &#34;outperform&#34; rating and issued a $270.00 price target (up previously from $235.00) on shares of Alphabet in a research note on Wednesday, September 3rd. Finally, Wells Fargo &amp; Company  reissued an &#34;equal weight&#34; rating on shares of Alphabet in a research note on Wednesday, July 9th. Six analysts have rated the stock with a Strong Buy rating, twenty-one have assigned  a Buy rating, five have assigned  a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company  has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $237.68.</p><p><b>View Our Latest Stock Report on GOOG</b></p><h2>Alphabet Trading Down 0.4%</h2><ul><li>The Trade Desk: 2 Signs of a Comeback, 1 Risk Ahead</li></ul><p>GOOG stock traded down $0.99 during midday trading on Wednesday, hitting $246.14. 3,729,266 shares of the company's stock were exchanged, compared to its average volume of 23,632,518. The stock's fifty day moving average price is $224.07 and its 200-day moving average price is $188.32. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.90 and a current ratio of 1.90. The company has a market cap of $2.98 trillion, a PE ratio of 26.24, a price-to-earnings-growth ratio of 1.70 and a beta of 1.00. Alphabet has a one year low of $142.66 and a one year high of $256.70. </p><p>Alphabet (NASDAQ:GOOG - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The information services provider reported $2.31 earnings per share for the quarter, topping the consensus estimate of $2.12 by $0.19. The firm had revenue of $96.43 billion for the quarter, compared to analyst estimates of $93.67 billion. Alphabet had a return on equity of 34.31% and a net margin of 31.12%.The company's revenue for the quarter was up 13.8% on a year-over-year basis. During the same period in the previous year, the company posted $1.89 earnings per share.  Research analysts predict that  Alphabet will post 8.89 earnings per share for the current fiscal year. </p><h2>Insiders Place Their Bets</h2><ul><li>Alphabet: After Its Best Quarter in Decades, Is It Time to Buy?</li></ul><p>In related news, CEO Sundar Pichai sold 32,500 shares of the business's stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $243.41, for a total value of $7,910,825.00. Following the completion of the sale, the chief executive officer directly owned 2,402,119 shares in the company, valued at approximately $584,699,785.79. The trade was a 1.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider John Kent Walker sold 17,816 shares of the business's stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of $247.42, for a total value of $4,408,034.72. Following the completion of the sale, the insider owned 42,985 shares of the company's stock, valued at approximately $10,635,348.70. This trade represents a 29.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 276,738 shares of company stock valued at $59,135,475 in the last quarter. Company insiders own  12.99% of the company's stock. </p><h2>Institutional Inflows and Outflows</h2><p>Institutional investors have recently added to or reduced their stakes in the company. RDA Financial Network raised its position in  Alphabet by 5.3% during the second quarter. RDA Financial Network now owns 11,094 shares of the information services provider's stock valued at $1,968,000 after purchasing an additional 554 shares in the last quarter.  Tower View Wealth Management LLC raised its position in  Alphabet by 6.9% during the second quarter. Tower View Wealth Management LLC now owns 27,644 shares of the information services provider's stock valued at $4,904,000 after purchasing an additional 1,776 shares in the last quarter.  Oldfather Financial Services LLC acquired a new position in  Alphabet during the second quarter valued at approximately $213,000.  Truist Financial Corp raised its position in  Alphabet by 0.4% during the second quarter. Truist Financial Corp now owns 3,626,927 shares of the information services provider's stock valued at $643,381,000 after purchasing an additional 15,065 shares in the last quarter.  Finally, GC Wealth Management RIA LLC increased its holdings in shares of  Alphabet by 115.7% during the second quarter. GC Wealth Management RIA LLC now owns 214,392 shares of the information services provider's stock worth $38,031,000 after buying an additional 115,003 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds. </p><h2>About Alphabet</h2> (Get Free Report)<p>Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Alphabet</li><li>What is a Bond Market Holiday? How to Invest and Trade</li><li>AMD and OpenAI: A Partnership That Just Redrew the AI Map</li><li>What Investors Need to Know to Beat the Market</li><li>Will Firefly’s $855M SciTec Acquisition Ignite a Stock Re-Rating?</li><li>What Are the FAANG Stocks and Are They Good Investments?</li><li>Lithium Americas: Why This 31% Rally Is More Than Just a Headline</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R09PRw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R09PRw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Alphabet Right Now?</h2><p>Before you consider Alphabet, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alphabet wasn't on the list.</p><p>While Alphabet currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>TD Cowen has raised its target price for Alphabet (NASDAQ:GOOG) from $270 to $280, maintaining a "buy" rating, indicating a potential upside of 13.76%. Other analysts have also issued positive ratings, with Jefferies setting a target of $285 and Scotiabank at $240. Currently, Alphabet's stock is trading at $246.14, down 0.4%. The company reported strong earnings, exceeding estimates with $2.31 EPS and $96.43 billion in revenue. Insider selling has occurred, but institutional interest remains strong, with several firms increasing their stakes in the company.</p>

- TD Cowen raised Alphabet's price target from $270.00 to $280.00, indicating a potential upside of 13.76%.  
- Multiple analysts have given Alphabet a "buy" rating, with a consensus price target of $237.68 and a "Moderate Buy" rating overall.  
- Alphabet's stock recently traded down to $246.14, with a market cap of $2.98 trillion and a reported earnings per share of $2.31 for the last quarter.  

Alphabet (NASDAQ:GOOG) Stock Price Expected to Rise, TD Cowen Analyst Says