Alphabet GOOGL underwent analysis by 32 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 9 15 8 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 7 8 4 0 0 3M Ago 2 6 4 0 0 Analysts have set 12-month price targets for Alphabet, revealing an average target of $204.88, a high estimate of $225.00, and a low estimate of $182.00. This upward trend is evident, with the current average reflecting a 1.82% increase from the previous average price target of $201.22. Deciphering Analyst Ratings: An In-Depth Analysis A comprehensive examination of how financial experts perceive Alphabet is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Colin Sebastian Baird Maintains Outperform $205.00 $205.00 Alan Gould Loop Capital Raises Hold $185.00 $170.00 Michael Levine Pivotal Research Raises Buy $225.00 $215.00 Mark Shmulik Bernstein Raises Market Perform $185.00 $180.00 Andrew Boone JMP Securities Raises Market Outperform $220.00 $200.00 Deepak Mathivanan Cantor Fitzgerald Maintains Neutral $190.00 $190.00 Rohit Kulkarni Roth MKM Raises Buy $212.00 $206.00 Justin Patterson Keybanc Raises Overweight $215.00 $200.00 Thomas Champion Piper Sandler Raises Overweight $210.00 $200.00 Brad Erickson RBC Capital Raises Outperform $210.00 $204.00 Youssef Squali Truist Securities Raises Buy $225.00 $220.00 Ken Gawrelski Wells Fargo Raises Equal-Weight $187.00 $182.00 Mark Mahaney Evercore ISI Group Raises Outperform $205.00 $200.00 Brian Pitz BMO Capital Raises Outperform $217.00 $215.00 Brian Nowak Morgan Stanley Raises Overweight $205.00 $190.00 Justin Post B of A Securities Raises Buy $210.00 $206.00 Laura Martin Needham Maintains Buy $210.00 $210.00 Scott Devitt Wedbush Maintains Outperform $205.00 $205.00 Youssef Squali Truist Securities Raises Buy $220.00 $196.00 Laura Martin Needham Maintains Buy $210.00 $210.00 Deepak Mathivanan Cantor Fitzgerald Maintains Neutral $190.00 $190.00 Brian Pitz BMO Capital Lowers Outperform $215.00 $222.00 Ken Gawrelski Wells Fargo Lowers Equal-Weight $182.00 $190.00 Thomas Champion Piper Sandler Maintains Overweight $200.00 $200.00 Deepak Mathivanan Cantor Fitzgerald Maintains Neutral $190.00 $190.00 Ivan Feinseth Tigress Financial Raises Strong Buy $220.00 $210.00 Andrew Boone JMP Securities Maintains Market Outperform $200.00 $200.00 Deepak Mathivanan Cantor Fitzgerald Maintains Neutral $190.00 $190.00 Youssef Squali Truist Securities Maintains Buy $196.00 $196.00 Andrew Boone JMP Securities Maintains Market Outperform $200.00 $200.00 Brian Pitz BMO Capital Maintains Outperform $222.00 $222.00 Mark Mahaney Evercore ISI Group Lowers Outperform $200.00 $225.00 Key Insights: Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Alphabet. This information offers a snapshot of how analysts perceive the current state of the company. Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Alphabet compared to the broader market. Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Alphabet's stock. This comparison reveals trends in analysts' expectations over time. Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Alphabet's market standing. Stay informed and make well-considered decisions with our Ratings Table. Stay up to date on Alphabet analyst ratings. About Alphabet Alphabet is a holding company that wholly owns internet giant Google. The California-based company derives slightly less than 90% of its revenue from Google services, the vast majority of which is advertising sales. Alongside online ads, Google services houses sales stemming from Google's subscription services (YouTube TV, YouTube Music among others), platforms (sales and in-app purchases on Play Store), and devices (Chromebooks, Pixel smartphones, and smart home products such as Chromecast). Google's cloud computing platform, or GCP, accounts for roughly 10% of Alphabet's revenue with the firm's investments in up-and-coming technologies such as self-driving cars (Waymo), health (Verily), and internet access (Google Fiber) making up the rest. Financial Milestones: Alphabet's Journey Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position. Revenue Growth: Over the 3 months period, Alphabet showcased positive performance, achieving a revenue growth rate of 15.09% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Communication Services sector. Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 29.8%, the company showcases strong profitability and effective cost control. Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 8.55%, the company showcases effective utilization of equity capital. Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 6.22%, the company showcases effective utilization of assets. Debt Management: Alphabet's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.09 . Analyst Ratings: Simplified Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders. Which Stocks Are Analysts Recommending Now? Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market . This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Western Michigan beats Eastern Michigan 26-18 to become bowl eligibleDecember 11, 2024 This article has been reviewed according to Science X's editorial process and policies . Editors have highlightedthe following attributes while ensuring the content's credibility: fact-checked peer-reviewed publication trusted source proofread by Complexity Science Hub Vienna Russia's Gazprom stopped supplying Austria's OMV last month, prompting a number of headlines. However, there was no major panic this time. It was a completely different story almost three years earlier: when Russian troops invaded Ukraine in February 2022, Europe was thrown off balance for various reasons. "One of them was dependence on Russian gas. Many countries, especially those like Austria, which purchased around 80% of its gas from Russia in 2021, had to take action quickly to reduce this dependence and ensure supply security," explains Anton Pichler from the Complexity Science Hub (CSH) and the Vienna University of Economics and Business. "We had to react—and in a highly dynamic environment." This was the basis for a study now published in the Journal of Economic Behavior & Organization and released as a policy brief in May 2022. In a hypothetical scenario where Russian gas imports to Europe were completely halted from June 1, 2022, the researchers quantified the effects of different measures. "That way, we won't have to start the discussion about the catastrophe, but with possible solutions already on hand," says CSH President Stefan Thurner. Five times less damage The researchers analyzed various measures to mitigate the potential economic impact, including alternative gas imports, gas storage , a switch to different fuels, and savings in heating and pipeline operations. Additionally, they modeled their impact on individual sectors as well as the economy overall. "As early as spring 2022, we were able to point out that a coordinated distribution of scarce gas supplies among the EU members could reduce production declines five times less than if Austria tried to secure additional gas individually," explains Thurner. "In fact, the first steps were taken at EU level in the following months, such as filling gas storage facilities, which was subsequently given a strong political push," adds Pichler. Coordinated EU action Full gas storage facilities are one of the most important levers for being prepared for a gas supply freeze in the short term, but a coordinated crisis response at the EU level is also crucial—as foreigners own about half of Austria's gas reserves. "Austria has well-filled storage facilities today, with nearly 50TWh of stored gas, i.e. two thirds of annual consumption in 2023, under Austrian ownership. Along with alternative supply routes, these gas storage facilities are one of the reasons why we are much better able to compensate for Gazprom's current gas supply freeze to OMV," says Pichler. In contrast, even a partial interruption of Russian natural gas supply in Austria in 2022 would have led to a loss of several hundred million euros per month in gross value added, according to the study. Austria: Still Russian gas Austria imported 82% of its gas from Russia in August 2024, while other European countries have long since reduced their imports from Russia. Only 8% of all EU gas imports come from Russia. Because other European countries are now significantly less dependent on Russian gas supplies, the expected economic consequences will be much smaller than in June 2022, according to the two researchers. "In our policy brief, we showed that alternative trading partners can play a key role in reducing damage. Now that our neighboring countries are hardly dependent on Russian gas, it is much easier to import non-Russian gas than it would have been two years ago," says Pichler. Discover the latest in science, tech, and space with over 100,000 subscribers who rely on Phys.org for daily insights. Sign up for our free newsletter and get updates on breakthroughs, innovations, and research that matter— daily or weekly . Mild to severe effects Based on the hypothetical scenario of a complete halt to Russian gas imports to Europe from June 1, 2022, the study shows that the potential economic consequences can range from relatively mild to extremely severe, depending on countermeasure implementation and success. The study suggests that securing alternative gas imports, managing storage, and providing incentives to switch to other fuels are the most important short-term policy levers. "The results seem almost obvious in retrospect. However, in spring 2022 there was great uncertainty about the potential economic consequences and our study quantified the effectiveness and feasibility of each individual measure," explains Pichler. In light of the critical situation, what have we learned? "Back then, we reacted to a crisis for which we were unprepared. It is possible for crises like this to occur in other important areas as well. It would be extremely important to conduct similar analyses for other critical sectors and technology areas in order to implement preventative countermeasures systematically," the researchers conclude. More information: Anton Pichler et al, Economic impacts of a drastic gas supply shock and short-term mitigation strategies, Journal of Economic Behavior & Organization (2024). DOI: 10.1016/j.jebo.2024.106750 Journal information: Journal of Economic Behaviour and Organisation Provided by Complexity Science Hub Vienna
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Best Contracting Services Breaks Ground on 264kW Microgrid and EV Charging Network in Gardena, CAPulhams is looking to grow its bus and coach network in Cheltenham and across Gloucestershire. The available roles include assistant operations manager, human resources and payroll administrator, private hire lead, compliance co-ordinator, and service delivery supervisors. The company is also looking for bus and coach drivers and vehicle technicians. Area director for Pulhams, Alex Chutter, said: "This is the next step in our investment in our expansion designed to continually improve our services and fleet to make bus and coach travel as accessible and attractive as possible. "There are several exciting roles available for internal and external candidates to help strengthen our team." In 2023, Go-Ahead Group acquired Pulhams through Oxford Bus Group and more recently bought Swanbrook Transport. Pulhams has been expanding its network, upgrading its fleet and technology, and developing its team over the past year. Oxford Bus Group's managing director, Luke Marion, said: "We have significantly invested in developing Pulhams since Oxford Bus Group acquired the business and have made excellent progress on our improvement strategy. "We’re strengthening the management team in 2025 to further provide the platform for continued growth to enable us to deliver more improvements for our customers." Established in 1880, Pulhams operates bus and coach routes in the Cotswolds and surrounding areas.
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Capitol Federal Financial, Inc. (NASDAQ:CFFN) Shares Acquired by Barclays PLC2024 was a brutal year for the Amazon rainforest, with rampant wildfires and extreme drought ravaging large parts of a biome that’s a critical counterweight to climate change. A warming climate fed drought that in turn fed the worst year for fires since 2005. And those fires contributed to deforestation, with authorities suspecting some fires were set to more easily clear land to run cattle. The Amazon is twice the size of India and sprawls across eight countries and one territory, storing vast amounts of carbon dioxide that would otherwise warm the planet. It has about 20% of the world’s fresh water and astounding biodiversity, including 16,000 known tree species. But governments have historically viewed it as an area to be exploited, with little regard for sustainability or the rights of its Indigenous peoples, and experts say exploitation by individuals and organized crime is rising at alarming rates. “The fires and drought experienced in 2024 across the Amazon rainforest could be ominous indicators that we are reaching the long-feared ecological tipping point,” said Andrew Miller, advocacy director at Amazon Watch, an organization that works to protect the rainforest. “Humanity’s window of opportunity to reverse this trend is shrinking, but still open.” There were some bright spots. The level of Amazonian forest loss fell in both Brazil and Colombia. And nations gathered for the annual United Nations conference on biodiversity agreed to give Indigenous peoples more say in nature conservation decisions. “If the Amazon rainforest is to avoid the tipping point, Indigenous people will have been a determinant factor," Miller said. Wildfires and extreme drought Forest loss in Brazil’s Amazon — home to the largest swath of this rainforest — dropped 30.6% compared to the previous year, the lowest level of destruction in nine years. The improvement under leftist President Luiz Inácio Lula da Silva contrasted with deforestation that hit a 15-year high under Lula's predecessor, far-right leader Jair Bolsonaro, who prioritized agribusiness expansion over forest protection and weakened environmental agencies. In July, Colombia reported historic lows in deforestation in 2023, driven by a drop in environmental destruction. The country's environment minister Susana Muhamad warned that 2024's figures may not be as promising as a significant rise in deforestation had already been recorded by July due to dry weather caused by El Nino, a weather phenomenon that warms the central Pacific. Illegal economies continue to drive deforestation in the Andean nation. “It’s impossible to overlook the threat posed by organized crime and the economies they control to Amazon conservation,” said Bram Ebus, a consultant for Crisis Group in Latin America. “Illegal gold mining is expanding rapidly, driven by soaring global prices, and the revenues of illicit economies often surpass state budgets allocated to combat them.” In Brazil, large swaths of the rainforest were draped in smoke in August from fires raging across the Amazon, Cerrado savannah, Pantanal wetland and the state of Sao Paulo. Fires are traditionally used for deforestation and for managing pastures, and those man-made blazes were largely responsible for igniting the wildfires. For a second year, the Amazon River fell to desperate lows, leading some countries to declare a state of emergency and distribute food and water to struggling residents. The situation was most critical in Brazil, where one of the Amazon River's main tributaries dropped to its lowest level ever recorded. Cesar Ipenza, an environmental lawyer who lives in the heart of the Peruvian Amazon, said he believes people are becoming increasingly aware of the Amazon's fundamental role “for the survival of society as a whole." But, like Miller, he worries about a “point of no return of Amazon destruction.” It was the worst year for Amazon fires since 2005, according to nonprofit Rainforest Foundation US. Between January and October, an area larger than the state of Iowa — 37.42 million acres, or about 15.1 million hectares of Brazil’s Amazon — burned. Bolivia had a record number of fires in the first ten months of the year. “Forest fires have become a constant, especially in the summer months and require particular attention from the authorities who don't how to deal with or respond to them,” Ipenza said. Venezuela, Colombia, Ecuador, and Guyana also saw a surge in fires this year. Indigenous voices and rights made headway in 2024 The United Nations conference on biodiversity — this year known as COP16 — was hosted by Colombia. The meetings put the Amazon in the spotlight and a historic agreement was made to give Indigenous groups more of a voice on nature conservation decisions, a development that builds on a growing movement to recognize Indigenous people's role in protecting land and combating climate change. Both Ebus and Miller saw promise in the appointment of Martin von Hildebrand as the new secretary general for the Amazon Treaty Cooperation Organization, announced during COP16. “As an expert on Amazon communities, he will need to align governments for joint conservation efforts. If the political will is there, international backers will step forward to finance new strategies to protect the world’s largest tropical rainforest,” Ebus said. Ebus said Amazon countries need to cooperate more, whether in law enforcement, deploying joint emergency teams to combat forest fires, or providing health care in remote Amazon borderlands. But they need help from the wider world, he said. “The well-being of the Amazon is a shared global responsibility, as consumer demand worldwide fuels the trade in commodities that finance violence and environmental destruction,” he said. Next year marks a critical moment for the Amazon, as Belém do Pará in northern Brazil hosts the first United Nations COP in the region that will focus on climate. “Leaders from Amazon countries have a chance to showcase strategies and demand tangible support," Ebus said. ___ The Associated Press’ climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.
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