Alphabet Gets Street Backing As Cramer Doubles Down On $400 Target

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On CNBC’s “Mad Money Lightning Round,” Jim Cramer said Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) is going to $400.

Supporting his view, BMO Capital analyst Brian Pitz, on Wednesday, maintained Alphabet with an Outperform rating and raised the price target from $400 to $410.

JPMorgan analyst Doug Anmuth reiterated an Overweight rating on Monday with a $395 price forecast for Alphabet. The firm named the tech giant a “Top Pick” just as the Google Cloud Next event kicked off …

Full story available on Benzinga.com

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