Braun Stacey Associates Inc. Trims Holdings in Alphabet Inc. (GOOG)

Dianna Christensen
October 27, 2017

The company's revenue was up 21.0% compared to the same quarter previous year. The company has an average rating of "Buy" and a consensus price target of $1,061.20. Equities research analysts predict that Alphabet will post $34.11 EPS for the current year. The stock now has a consensus rating of "Buy" and a consensus target price of $1,061.20.

Alphabet's earnings were $9.57 a share, beating Wall Street estimates of $8.31 a share. Alphabet accounts for approximately 3.9% of Seatown Holdings Pte.

Alphabet shares were trading up almost 4 percent during after-hours trading on the quarterly beat. Finally, Credit Suisse Group restated an "outperform" rating on shares of Alphabet in a report on Friday, June 30th. Boston Partners now owns 810,490 shares of the company's stock worth $570,204,000 after buying an additional 486,266 shares during the period.

On a consolidated basis, the firm's revenue rose to $27.77bn for the third quarter ended 30 September. Finally, Vetr downgraded Alphabet from a "strong-buy" rating to a "buy" rating and set a $1,030.26 target price for the a report on Wednesday, July 5th. Looking back over the last month, shares have performed 5.38%. Alphabet had a return on equity of 14.74% and a net margin of 22.00%.

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TRADEMARK VIOLATION NOTICE: "Eads & Heald Investment Counsel Sells 116 Shares of Alphabet Inc".

The company brought in $27.77 billion in revenue, up 24% from a year ago. If you are accessing this story on another site, it was illegally copied and republished in violation of global copyright law.

Aggregate cost per click - which had been in a downward spiral over the past year and a half - fell 18% year-over-year, but actually rose 1% sequentially.

Meantime, Google is aiming to diversify from its advertising business, the largest in the world, by creating new revenue streams from sales of smartphones and cloud services. Its "other bets" segment, which includes Nest, X and other R&D divisions, brought in $302 million in revenue during the quarter, up from $197 million during the same period past year.

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