RBC Raises Alphabet Price Target to $1,500

Bank sees opportunity from monetizing Google Map app. Royal Bank of Canada (RBC) reaffirmed its outperform rating on Alphabet, parent company of Google (GOOG). The bank raised its price target on shares from $1,425 to an even $1,500. With shares of the search engine giant around $1,240, the new prices target represents an upside potential […]