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A statement released earlier today by Vetr Inc. about Alphabet Inc (NASDAQ:GOOGL) ups the target price to $1,052.36

Alphabet Inc (NASDAQ:GOOGL) had its target price raised to $1,052.36 by Vetr Inc. in a report released 06/05/2017. The new target price indicates a possible upside of 0.05% based on the company's last stock close price.

Previously on 4/28/2017, Aegis Capital reported about Alphabet Inc (NASDAQ:GOOGL) raised the target price from $1,011.00 to $1,090.00. At the time, this indicated a possible upside of 0.22%.

Yesterday Alphabet Inc (NASDAQ:GOOGL) traded 0.15% higher at $1,003.88. The company’s 50-day moving average is $957.79 and its 200-day moving average is $944.04. The last closing price is up 6.92% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. 1,071,023 shares of the stock traded hands, down from an average trading volume of 1,623,950

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Alphabet Inc (NASDAQ:GOOGL)

Alphabet Inc has a 52 week low of $743.59 and a 52 week high of $1,014.76 with a P/E ratio of 36.58 The company’s market cap is currently $0.

In addition to Vetr Inc. reporting its stock price target, a total of 44 brokers have issued a research note on the company. The average stock price target is $908.16 with 19 brokers rating the stock a strong buy, 29 brokers rating the stock a buy, 3 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Alphabet Inc (NASDAQ:GOOGL)

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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