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Bullish analyst update, tempered by the relatively small target increase and the fact that it is a single analyst opinion.
What happened, with direct paths to the underlying reporting
BMO Capital raised its GOOGL target by about 3% to $480, versus a posted price of $343.67. The target implies considerable upside, but the increase itself is modest and represents one analyst's view.
Target: $480
Posted price: $343.67
Analyst firm: BMO Capital
Analyst: Brian Pitz
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