RBC keeps Alphabet at Outperform but trims price target to $400
RBC Capital kept its Outperform rating on Alphabet and lowered its price target to $400 from $425, according to TradingView, citing Benzinga data.
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what happened
RBC Capital maintained its Outperform rating on Alphabet and reduced its price target to $400 from $425, a 5.9% cut. The new target implies 24.3% upside from the October 28 close of $321.89, according to TradingView, which cites Benzinga data.
The same publication lists other recent analyst notes on Alphabet, with price targets ranging from $300 to $405 over the past 30 days.
why it matters
A cut in price target by a single broker usually has only a modest effect on the share price. Here the reduction comes with an unchanged Outperform rating, so the signal concerns valuation rather than a change in recommendation. Investors often compare such adjustments with the spread of forecasts from other banks.
tags
instruments
sources
- RBC Capital maintains Williams-Sonoma at Outperform, lowers price target to $259 from $260 — TradingView, 29 October 2026 at 19:01 UTC
- RBC Capital maintains Alphabet at Outperform, lowers price target to $400 from $425 — TradingView, 29 October 2026 at 19:03 UTC
- RBC Capital maintains Baker Hughes at Outperform, lowers price target to $70 from $71 — TradingView, 29 October 2026 at 19:13 UTC
- RBC Capital maintains Boston Scientific at Outperform, lowers price target to $52 from $70 — TradingView, 29 October 2026 at 19:21 UTC
- RBC Capital maintains Dana at Outperform, lowers price target to $32 from $37 — TradingView, 29 October 2026 at 19:30 UTC
- RBC Capital maintains Essex Property Trust at Outperform, lowers price target to $297 from $298 — TradingView, 29 October 2026 at 19:33 UTC
- RBC Capital maintains Sherwin-Williams at Outperform, lowers price target to $383 from $392 — TradingView, 29 October 2026 at 20:37 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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