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Alphabet (NASDAQ:GOOGL) Trading 2.2% Higher Following Analyst Upgrade
['Max Byerly']
Ticker Report
Shares of Alphabet Inc. (NASDAQ:GOOGL – Get Free Report) were up 2.2% on Tuesday after Phillip Securities upgraded the stock from a moderate buy rating to a strong-buy rating.
Zacks Research upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 13th.
Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Alphabet in a report on Tuesday, April 28th.
According to data from MarketBeat, Alphabet presently has a consensus rating of “Buy” and an average price target of $419.86.
Alphabet Stock PerformanceThe company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64.