Evercore ISI lowered its price target on Alphabet to $200 from $225 , citing antitrust worried.
Analyst Atif Malik's $130 price target, up from $119, implies that the stock could rally 17% from here.
The firm upgraded the software giant to a buy rating and hiked its price target to $210 from $155.
The investing firm downgraded the online bank to neutral from buy and removed its $44 price target.
— Lisa Kailai Han 5:49 a.m.: Evercore ISI trims Alphabet price target Alphabet's antitrust issues will limit upside going forward, according to Evercore ISI.
Persons:
Atif, Malik, — Lisa Kailai Han, Ben Reitzes, Reitzes, BTIG, Vincent Caintic, Caintic, Lisa Kailai Han, KeyBanc, Justin Patterson, Patterson, GE Vernova, Julian Mitchell nodded, Mitchell, Mark Mahaney, Mahaney, Fred Imbert
Organizations:
CNBC, ISI, Barclays, GE Vernova, Citi, Oracle Melius Research, Oracle, Ally, Spotify, TAM, GE, General Electric, Electric Utilities, DOJ, Google, Microsoft, TAC
Locations:
Friday's, MI, United States, U.S