Why Alphabet Rallied Today
Shares of tech giant (NASDAQ: GOOG) (NASDAQ: GOOGL) rallied as high as 3.4% today, before retreating to a 2% gain as of 3:04 p.m. ET, still well ahead of the Nasdaq Composite.
Lots of technology names rallied today on the back of strong numbers out of Hon Hai Precision, which released very strong artificial intelligence (AI) server numbers for the month of December.
However, Alphabet got an additional boost thanks to a positive note from a prominent Wall Street analyst.
Source Fool.com
Alphabet Inc. C Stock
€287.10
0.670%
Our community is currently high on Alphabet Inc. C with 56 Buy predictions and 5 Sell predictions.
With a target price of 300 € there is a slightly positive potential of 4.49% for Alphabet Inc. C compared to the current price of 287.1 €.
