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Jefferies Sticks to Their Buy Rating for Alphabet Class A (GOOGL)

Tipranks - Tipranks - Sat Apr 25, 3:54AM CDT

Jefferies analyst Brent Thill maintained a Buy rating on Alphabet Class A today and set a price target of $400.00.

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Thill covers the Technology sector, focusing on stocks such as International Business Machines, Intuit, and Microsoft. According to TipRanks, Thill has an average return of 1.9% and a 49.60% success rate on recommended stocks.

In addition to Jefferies, Alphabet Class A also received a Buy from KeyBanc’s Justin Patterson in a report issued yesterday. However, on the same day, Rosenblatt Securities 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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