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A statement released earlier today by Pivotal Research Group about Alphabet (NASDAQ:GOOG) ups the target price to $970.00

Yesterday Alphabet (NASDAQ:GOOG) traded 0.92% higher at $989.25. The company’s 50-day moving average is $936.57 and its 200-day average is $922.23. With the last stock price close up 6.43% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. Volume of trade was down over the average, with 314,818 shares of GOOG changing hands under the typical 1,419,580

Reporting a possible downside of -0.02%, Pivotal Research Group raised the target price of Alphabet (NASDAQ:GOOG) to $970.00

On 10/11/2017, Credit Suisse released a statement for Alphabet (NASDAQ:GOOG) upped the target price from $1,100.00 to $1,350.00. At the time, this indicated a possible upside of 0.39%.

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Alphabet (NASDAQ:GOOG)

With a total market value of $0, Alphabet has price-earnings ratio of 35.57 with a one year low of $727.54 and a one year high of $988.25 .

A total of 12 brokers have issued a research note on the stock. 5 firms rating the stock a strong buy, seven analysts rating the company a buy, one equity analyst rating the company a hold, zero equity analysts rating the company a underperform, and finally 0 brokerages rating the stock a sell with a average stock price target of $930.08.

General Company Details For Alphabet (NASDAQ:GOOG)

Alphabet Inc. is a holding company. The Company's businesses include Google Inc. (Google) and its Internet products, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo and X. The Company's segments include Google and Other Bets. The Google segment includes its Internet products, such as Search, Ads, Commerce, Maps, YouTube, Google Cloud, Android, Chrome and Google Play, as well as its hardware initiatives. The Google segment is engaged in advertising, sales of digital content, applications and cloud offerings, and sales of hardware products. The Other Bets segment is engaged in the sales of Internet and television services through Google Fiber, sales of Nest products and services, and licensing and research and development (R&D) services through Verily. It offers Google Assistant, which allows users to type or talk with Google; Google Maps, which helps users navigate to a store, and Google Photos, which helps users store and organize all of their photos.

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