• Education
    • Higher Education
    • Scholarships & Grants
    • Online Learning
    • School Reforms
    • Research & Innovation
  • Lifestyle
    • Travel
    • Food & Drink
    • Fashion & Beauty
    • Home & Living
    • Relationships & Family
  • Technology & Startups
    • Software & Apps
    • Startup Success Stories
    • Startups & Innovations
    • Tech Regulations
    • Venture Capital
    • Artificial Intelligence
    • Cybersecurity
    • Emerging Technologies
    • Gadgets & Devices
    • Industry Analysis
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy
Today Headline
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
Today Headline
No Result
View All Result
Home Business & Finance

Analyst resets Alphabet stock price target after sell-off todayheadline

April 10, 2025
in Business & Finance
Reading Time: 3 mins read
A A
0
Analyst resets Alphabet stock price target after sell-off
3
SHARES
7
VIEWS
Share on FacebookShare on Twitter

President Donald Trump’s tariff strategy has governments and companies scrambling to determine what’s next. 

This week, the President announced a 90-day pause on implementing the tariffs for every country except China, which now faces tariffs of over 100% now that the negotiations have seemingly turned personal. 

💵💰Don’t miss the move: Subscribe to TheStreet’s free daily newsletter 💰💵

Starving for any good news, markets jumped Wednesday after the pause was announced, but Thursday’s session is off to a rocky start as investors digest the new world economic order. 

Despite the reciprocal tariff pause, the Trump administration is still imposing 10% tariffs across the board (minus Canada and Mexico) while it negotiates with countries individually. 

Additionally, steel and aluminum imports have a 25% duty, as do most auto imports. 

That decision is weighing heavily on markets Thursday, as the major indices sank in morning trading after a historic rally during Wednesday’s session. 

Related: Stock Market Today: Stocks slide as markets pause Trump tariff U-turn rally

Most people think of Alphabet as a tech company that sells a relatively small amount of hardware. So, at first blush, it may not seem like 25% tariffs on China would be a big deal for the company, which operates mainly in the digital space.  

Google, Alphabet’s bread and butter, isn’t even allowed to operate in China.

But analysts at Oppenheimer are still worried about how advertising will be affected by the trade war. 

Alphabet price target lowered by Oppenheimer

Analysts at Oppenheimer lowered Alphabet’s price target to $185 from $225 per share while maintaining its outperform rating on the stock. 

The firm now expects the tariffs, excluding China, to be temporary. While most of the effects of this week’s developments will be felt in Q2, the long-term ripples will be felt for much longer. 

In this new environment of uncertainty, Oppenheimer analysts believe advertisers will prioritize flexibility, performance, and measurability, TheFly reported. 

While this means social media advertising will take a hit, the firm is less pessimistic about Google and Pinterest. But it also sees Snap and especially Meta Platforms, the parent company of Facebook, Instagram and WhatsApp, as exposed to the China tariff fallout. 

While Alphabet doesn’t face the most exposure from tariff developments, Oppenheimer isn’t the only analyst firm that has recently questioned its place in the post-tariff world. 

Related: White House adviser claps back after Elon Musk takes shot

Alphabet shares were down more than 2% Thursday, caught up in the wider market sell-off. 

Alphabet faces pressure on multiple fronts

Last week, analysts at Jefferies lowered Alphabet’s price target from $200 to $235 per share while maintaining its buy rating. 

Analyst Brent Thill said, “We may have another ‘mullet’ year in software,” with a first-half chop followed by second-half flow.

The analyst said ongoing uncertainty means “investors are waiting on the sidelines to assess the impact.”

More Tech Stocks:

  • Analysts revisit Apple stock price targets as Cook courts Beijing
  • Veteran trader takes hard look at Tesla stock price amid slump, controversy
  • Analysts rework Micron stock price targets after earnings

“We believe AI’s early, and that will have an impact later in the year, but expectations have been too high in AI for software, and none of these companies are seeing more than 5% of their total revenue related to AI,” he told CNBC recently.

Meanwhile, Melius Research analyst Ben Reitzes wondered whether Google was the next Kodak, the photography giant that declined after failing to adapt to the digital revolution and ultimately went bankrupt in 2012.

“We have focused on ‘the simple’ with Alphabet since our launch in mid-2023 — and that view is predicated on the view that Google is losing the next generation of ‘searchers’ to ChatGPT,” he wrote, according to Morningstar.

Related: Veteran fund manager unveils eye-popping S&P 500 forecast

Tags: AlphabetanalystPriceresetsselloffStocktargettodayheadline
Previous Post

Chegg stock plunges to 52-week low of $0.45 amid market challenges todayheadline

Next Post

Budget for 2026 Milan-Cortina Olympics rises to about $1.9B todayheadline

Related Posts

Why Warren Buffett’s Upcoming Move Isn’t Cause for Concern todayheadline

May 9, 2025
4

Oil prices upbeat on US trade cheer, but strong dollar weighs todayheadline

May 9, 2025
3
Next Post

Budget for 2026 Milan-Cortina Olympics rises to about $1.9B todayheadline

  • Trending
  • Comments
  • Latest
Family calls for change after B.C. nurse dies by suicide after attacks on the job

Family calls for change after B.C. nurse dies by suicide after attacks on the job

April 2, 2025
Pioneering 3D printing project shares successes

Product reduces TPH levels to non-hazardous status

November 27, 2024

Hospital Mergers Fail to Deliver Better Care or Lower Costs, Study Finds todayheadline

December 31, 2024

Police ID man who died after Corso Italia fight

December 23, 2024
Harris tells supporters 'never give up' and urges peaceful transfer of power

Harris tells supporters ‘never give up’ and urges peaceful transfer of power

0
Des Moines Man Accused Of Shooting Ex-Girlfriend's Mother

Des Moines Man Accused Of Shooting Ex-Girlfriend’s Mother

0

Trump ‘looks forward’ to White House meeting with Biden

0
Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

0

Oil prices little changed ahead of Sino-US trade meeting

May 9, 2025
Former City of Surrey finance clerk suspected of defrauding city of $2.5 million

Former City of Surrey finance clerk suspected of defrauding city of $2.5 million

May 9, 2025
Police said looking to question Minister Chikli over Shin Bet classified intel leak

Police said looking to question Minister Chikli over Shin Bet classified intel leak

May 9, 2025

Why Warren Buffett’s Upcoming Move Isn’t Cause for Concern todayheadline

May 9, 2025

Recent News

Oil prices little changed ahead of Sino-US trade meeting

May 9, 2025
3
Former City of Surrey finance clerk suspected of defrauding city of $2.5 million

Former City of Surrey finance clerk suspected of defrauding city of $2.5 million

May 9, 2025
6
Police said looking to question Minister Chikli over Shin Bet classified intel leak

Police said looking to question Minister Chikli over Shin Bet classified intel leak

May 9, 2025
4

Why Warren Buffett’s Upcoming Move Isn’t Cause for Concern todayheadline

May 9, 2025
4

TodayHeadline is a dynamic news website dedicated to delivering up-to-date and comprehensive news coverage from around the globe.

Follow Us

Browse by Category

  • Africa
  • Asia
  • Basketball
  • Business & Finance
  • Climate Change
  • Crime & Justice
  • Economic Policies
  • Elections
  • Entertainment
  • Entrepreneurship
  • Environmental Policies
  • Europe
  • Football
  • Gadgets & Devices
  • Health
  • Medical Research
  • Mental Health
  • Middle East
  • Motorsport
  • Olympics
  • Politics
  • Public Health
  • Relationships & Family
  • Science & Environment
  • Software & Apps
  • Space Exploration
  • Sports
  • Stock Market
  • Technology & Startups
  • Tennis
  • Travel
  • Uncategorized
  • Us & Canada
  • Wildlife & Conservation
  • World News

Recent News

Oil prices little changed ahead of Sino-US trade meeting

May 9, 2025
Former City of Surrey finance clerk suspected of defrauding city of $2.5 million

Former City of Surrey finance clerk suspected of defrauding city of $2.5 million

May 9, 2025
  • Education
  • Lifestyle
  • Technology & Startups
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy

© 2024 Todayheadline.co

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business & Finance
  • Corporate News
  • Economic Policies
  • Entrepreneurship
  • Market Trends
  • Crime & Justice
  • Court Cases
  • Criminal Investigations
  • Cybercrime
  • Legal Reforms
  • Policing
  • Education
  • Higher Education
  • Online Learning
  • Entertainment
  • Awards & Festivals
  • Celebrity News
  • Movies
  • Music
  • Health
  • Fitness & Nutrition
  • Medical Breakthroughs
  • Mental Health
  • Pandemic Updates
  • Lifestyle
  • Fashion & Beauty
  • Food & Drink
  • Home & Living
  • Politics
  • Elections
  • Government Policies
  • International Relations
  • Legislative News
  • Political Parties
  • Africa
  • Asia
  • Europe
  • Middle East
  • Artificial Intelligence
  • Cybersecurity
  • Emerging Technologies
  • Gadgets & Devices
  • Industry Analysis
  • Basketball
  • Football
  • Motorsport
  • Olympics
  • Climate Change
  • Environmental Policies
  • Medical Research
  • Science & Environment
  • Space Exploration
  • Wildlife & Conservation
  • Sports
  • Tennis
  • Technology & Startups
  • Software & Apps
  • Startup Success Stories
  • Startups & Innovations
  • Tech Regulations
  • Venture Capital
  • Uncategorized
  • World News
  • Us & Canada
  • Public Health
  • Relationships & Family
  • Travel
  • Research & Innovation
  • Scholarships & Grants
  • School Reforms
  • Stock Market
  • TV & Streaming
  • Advertise with Us
  • Privacy & Policy
  • About us
  • Contact

© 2024 Todayheadline.co