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KeyBanc Remains a Buy on Alphabet Class A (GOOGL)

Tipranks - Tipranks - Tue Apr 21, 8:58AM CDT

KeyBanc analyst Justin Patterson maintained a Buy rating on Alphabet Class A today and set a price target of $380.00.

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According to TipRanks, Patterson is a 4-star analyst with an average return of 7.6% and a 48.37% success rate. Patterson covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Trade Desk, and Roku.

In addition to KeyBanc, Alphabet Class A also received a Buy from DBS’s Sachin Mittal in a report issued on April 15. However, on April 14, Bernstein maintained a Hold rating on Alphabet Class A (NASDAQ: GOOGL).

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Based on Alphabet Class A’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $113.9 billion and a net profit of $34.46 billion. In comparison, last year the company earned a revenue of $96.47 billion and had a net profit of $26.54 billion

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