12 October 2022 | Other

Morgan Stanley lowers Alphabet's price targets

The target price of Alphabet was lowered to $135 from $145 per share.

Nevertheless, Morgan Stanley is still buying Alphabet stock.

"We (expect) project GOOGL to miss EBIT and consensus revenue in Q3. But we are buying on the downside," the analysts wrote. "For perspective, GOOGL's long-term minimum multiple is 8X EBITDA, so we have a close eye on the levels. It should give GOOGL more short-term support and could provide entry points in volatile weeks…even if valuations 23 years have risk.."

Company MarketCheese
Brent sell
Period: 31.03.2026 Expectation: 1500 pips
Selling Brent crude from $110.0
Today at 06:06 AM 6
Period: 31.03.2026 Expectation: 6700 pips
EURUSD selloff targets 1.1570
Today at 06:06 AM 14
Period: 20.03.2026 Expectation: 4000 pips
Invest in BTCUSD if it consolidates above $71,000
Yesterday at 11:05 AM 30
Period: 17.03.2026 Expectation: 1900 pips
Tesla shares show signs of slowing decline ahead of strong support
Yesterday at 10:06 AM 25
Brent sell
Period: 12.03.2026 Expectation: 550 pips
Short-term Brent selloff amid de-escalating Middle East tensions
Yesterday at 07:07 AM 40
Period: 17.03.2026 Expectation: 860 pips
AUDUSD stands firm as Middle East ceasefire hopes build
Yesterday at 06:38 AM 22
Go to forecasts