Deutsche Bank Holds 'Buy' Rating for Alphabet C, Sets Price Target at $140.00
July 26, 2023: Deutsche Bank, an investment bank, has maintained its ‘buy’ rating for Alphabet C, a company traded on NASDAQ, and set a price target of $140.00. This means that Deutsche Bank believes Alphabet C’s stock is a good investment and expects its price to reach $140.00.
Before this rating, Alphabet C had received 43 ‘buy’ ratings, 9 ‘hold’ ratings, and 0 ‘sell’ ratings from various analysts. This indicates a positive sentiment towards the company’s prospects.
As of the latest stock market closing, Alphabet C’s stock price is $122.79, over the past month, the stock has seen a 1.41% increase; over the last 12 months, it has grown by 8.09%.
According to Investing Pro, a financial analysis service, the fair value of Alphabet C is estimated to be $139.40, which suggests a potential upside of 13.53%. Investing Pro rates the degree of uncertainty associated with this valuation as low, indicating a relatively confident outlook.
While Deutsche Bank recommends ‘buy,’ it’s essential to consider other analysts’ views and consensus estimates before making investment decisions. It’s always wise to perform thorough research and consult financial advisors before investing in any stock.
Actionable Takeaways:
- Investors interested in Alphabet C should closely monitor the stock’s performance and consider the price target set by Deutsche Bank at $140.00.
- Be aware of the potential risks and uncertainties associated with investing in the stock market, and consider diversifying your investment portfolio to manage risk effectively.
- Stay updated with the latest news and developments related to Alphabet C, as they can significantly impact the company’s stock performance.
