Rosenblatt maintains Neutral rating for Alphabet A, raises PT to $224.
In a recent update, Rosenblatt Securities has maintained its Neutral rating for Alphabet Inc. (NASDAQ: GOOGL) while raising its price target to $224. The change comes ahead of Alphabet's fiscal third-quarter earnings report, scheduled for release on October 26, 2025. The investment firm's assessment is based on Alphabet's strong financial performance and the company's ongoing efforts to diversify its revenue streams.
Rosenblatt's revised price target reflects the firm's view that Alphabet's growth prospects remain promising, particularly in its Google Cloud and YouTube businesses. The firm's optimism is bolstered by the company's robust gross margins and its ability to generate substantial free cash flow. Additionally, Rosenblatt highlights Alphabet's strategic investments in emerging technologies such as artificial intelligence and machine learning, which are expected to drive future growth.
Despite the positive outlook, Rosenblatt notes that there are several risks and uncertainties that investors should be aware of. These include potential regulatory challenges, competition in the digital advertising market, and the impact of economic downturns on consumer spending. The firm advises investors to closely monitor Alphabet's earnings and guidance for further insights into its growth prospects.
Rosenblatt's latest assessment comes amid a broader market environment characterized by uncertainty and volatility. Other major investment firms have expressed varying views on Alphabet's performance. For instance, Citigroup has maintained its Buy rating with a price target of $2,800, while Goldman Sachs has raised its price target to $2,700. These differing opinions highlight the diverse range of investor perspectives on Alphabet's future prospects.
As Alphabet prepares to report its earnings, investors will be closely monitoring the company's financial results and guidance. The recent developments underscore the ongoing investor interest and analyst evaluations of Alphabet's performance and future outlook. Rosenblatt's Neutral rating and price target adjustment reflect the firm's cautious approach to the company's valuation, given the complex market conditions and potential risks.
References:
[1] https://www.investing.com/news/analyst-ratings/rosenblatt-maintains-neutral-rating-on-alphabet-inc-stock-ahead-of-earnings-93CH-4210873
[2] https://www.investing.com/news/analyst-ratings/citigroup-raises-price-target-on-alphabet-inc-stock-93CH-4208668
[3] https://www.investing.com/news/analyst-ratings/goldman-sachs-raises-price-target-on-alphabet-inc-stock-93CH-4214866
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