Piper Sandler raises target for Alphabet C stock
AD HOC NEWS
Piper Sandler has increased its price target for Alphabet C stock from USD 395.00 to USD 400.00, maintaining an "Overweight" rating ahead of the company's Q3 2026 earnings report scheduled for October 27, 2026. This adjustment comes as Alphabet reported strong Q2 2026 revenue of USD 119.8 billion, a 24% increase year-over-year, driven largely by an 82% growth in Google Cloud revenue. Despite increased capital expenditures, the stock closed at EUR 308.73 on October 1, 2026, still below its 52-wee
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