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
Gold buy
Period: 31.01.2026 Expectation: 150 pips
Buying gold on dips with $4,500 target
30 December 2025 111
Period: 06.01.2026 Expectation: 2900 pips
Tesla stock selloff on forecasts of declining deliveries and earnings
30 December 2025 60
Period: 16.01.2026 Expectation: 1000 pips
AUDUSD is consolidating ahead of renewed upside
30 December 2025 48
Period: 06.01.2026 Expectation: 3125 pips
Selling BTCUSD due to lack of momentum after December consolidation
30 December 2025 31
Period: 15.01.2026 Expectation: 100 pips
Investing in SPX from $6,870
30 December 2025 35
Period: 09.01.2026 Expectation: 7500 pips
Silver rally stalls as prices push past $80
29 December 2025 86
Go to forecasts