Two Analysts Cut Alphabet Price Targets: Rosenblatt and Wedbush
Rosenblatt lowered its Alphabet price target to $380 and Wedbush cut its target to $387, according to Dow Jones Newswires citing Benzinga data.
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what happened
Dow Jones Newswires, citing ratings data from Benzinga, reports that Rosenblatt reduced its price target on Alphabet to $380 per share from $410 and kept its Buy rating.
Separately, Wedbush lowered its target to $387 per share from $445 on the same day.
why it matters
Price target revisions reflect individual analysts' views and usually matter less to the market than company earnings and macro data. Still, two brokers trimming their targets within one day signals some caution among professional investors about the shares of Google's parent company.
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instruments
sources
- Alphabet Price Target Cut to $380.00/Share From $410.00 by Rosenblatt — Dow Jones Newswires, 29 October 2026 at 12:23 UTC
- Alphabet Price Target Cut to $387.00/Share From $445.00 by Wedbush — Dow Jones Newswires, 29 October 2026 at 15:00 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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