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J.P. Morgan Sticks to Their Buy Rating for Alphabet Class A (GOOGL)

Tipranks - Tipranks - 1 hour ago

J.P. Morgan analyst Doug Anmuth maintained a Buy rating on Alphabet Class A today and set a price target of $395.00.

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According to TipRanks, Anmuth is a 5-star analyst with an average return of 11.7% and a 60.37% success rate. Anmuth covers the Communication Services sector, focusing on stocks such as Meta Platforms, Alphabet Class A, and Netflix.

In addition to J.P. Morgan, Alphabet Class A also received a Buy from KeyBanc’s Justin Patterson in a report issued today. 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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