Alphabet Inc. receives consensus “Moderate Buy” rating from analysts

Alphabet Inc. (NASDAQ: GOOGL) was assigned a consensus rating of “Moderate Buy” by analysts covering the stock. MarketBeat reported that 54 analysts are tracking the company, with 47 issuing a buy rating and five rating it as a hold. The aggregate rating reflects a generally positive outlook on the shares.

The rating is based on the collective assessments of the analysts and does not indicate any immediate corporate action or earnings news.