On July 22, 2025, Scotiabank's analyst Nat Schindler announced an update on the stock price target for Alphabet (GOOG, Financial). The price target was raised from $200.00 to $240.00 USD, indicating a 20% increase from the previous target.
This move by Scotiabank reflects a positive outlook for Alphabet (GOOG, Financial), as the company maintains its "Sector Outperform" rating. This consistent rating suggests confidence in Alphabet's future growth and market performance.
Investors and market participants are closely watching Alphabet (GOOG, Financial) following this upward adjustment, as the 20% increase in price target signals potential value gains.