DA Davidson Raises Alphabet A's PT to $180 from $160, Maintains Neutral Rating

DA Davidson Raises Alphabet A's PT to $180 from $160, Maintains Neutral Rating

In a recent research report, DA Davidson increased its price target for Alphabet Inc. (NASDAQ:GOOGL) from $160 to $180, while maintaining a neutral rating. This update reflects the analyst's assessment of the company's performance and future prospects [1].

The updated price target indicates a 12.5% increase from the previous estimate, suggesting that DA Davidson believes Alphabet's stock has significant upside potential. However, the neutral rating suggests that the analyst is cautious about the current market conditions and the company's valuation.

Alphabet Inc. is the parent company of Google and has been performing well, with strong revenue growth and increasing profitability. The company's diverse business segments, including search, advertising, and hardware, have contributed to its success. However, the analyst's neutral rating suggests that there may be some concerns about the company's valuation or the broader market conditions.

Investors should closely monitor Alphabet's earnings reports and other financial developments to assess the impact of the updated price target. The company's ability to continue growing its revenue and profitability will be crucial in determining its stock price performance.

References:
[1] https://www.marketbeat.com/instant-alerts/q3-earnings-forecast-for-ewbc-issued-by-da-davidson-2025-07-24/