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
Period: 01.07.2026 Expectation: 250 pips
Go short on SPX with Fed's updated dot plot
Today at 10:32 AM 28
Period: 25.06.2026 Expectation: 2100 pips
Selling USDJPY with 158.500 in mind amid rising inflation risks
Today at 10:25 AM 13
Period: 25.06.2026 Expectation: 235 pips
ETHUSD sell-off targets $1,500
Today at 09:12 AM 17
Gold sell
Period: 25.06.2026 Expectation: 2100 pips
Sell gold with $4,110 in sight as Fed stays hawkish
Today at 06:40 AM 37
Period: 30.06.2026 Expectation: 400 pips
Покупка USDJPY до уровня 160,00
Today at 05:26 AM 34
Period: 31.12.2026 Expectation: 1800 pips
Invest in SPX with $7,700 in view
Today at 04:47 AM 11
Go to forecasts