Citizens reiterates Market Outperform on Alphabet

0 min read Updated on 23 Jul 2026, 12:16 AM

Reviewed by

Radhika SScanX News Team

AI Summary

Citizens analyst Andrew Boone has reiterated a Market Outperform rating on Alphabet. The firm maintains a $515 price target for the stock.

*this image is generated using AI for illustrative purposes only.

Citizens analyst Andrew Boone has reiterated a Market Outperform rating on Alphabet. The firm maintains a $515 price target for the stock.

Analyst Rating and Price Target

Citizens maintained its positive stance on Alphabet, keeping the Market Outperform rating unchanged. The price target remains set at $515.

What key factors could drive Alphabet's stock to reach the $515 price target?

How might Alphabet's upcoming earnings report influence the stock's performance?

What are the potential risks that could hinder Alphabet from achieving the price target?

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Law firms investigate Alphabet after AI delay report

1 min read Updated on 22 Jul 2026, 03:26 AM

Reviewed by

Shriram SScanX News Team

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AI Summary

Alphabet Inc. is under investigation by Pomerantz LLP and Glancy Prongay Wolke & Rotter LLP for potential securities fraud after a report indicated delays in its Gemini 3.5 Pro AI model. The stock fell 4.4% on July 16, 2026, following the news. Investors with losses are encouraged to contact the law firms.

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Alphabet Inc. faces securities fraud investigations from Pomerantz LLP and Glancy Prongay Wolke & Rotter LLP regarding potential violations of federal securities laws. The investigations follow a report that Alphabet’s Google is months behind schedule on delivering its Gemini 3.5 Pro artificial intelligence model, its most powerful flagship AI model. The delay and disappointing training results reportedly caused a significant stock decline, injuring investors.

On July 16, 2026, Bloomberg reported that Google updated training data late last month to improve the model's skills, but the results were disappointing. Following this news, Alphabet’s stock price fell $16.40, or 4.4%, to close at $353.81 per share on July 16, 2026.

Pomerantz LLP is investigating whether Alphabet and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. Separately, Glancy Prongay Wolke & Rotter LLP announced it is continuing its investigation on behalf of Alphabet investors concerning possible violations of federal securities laws. Investors who purchased Alphabet securities and suffered losses are advised to contact the firms to discuss their rights.

Both firms are seeking persons with non-public information regarding Alphabet to consider aiding the investigation. Under the SEC Whistleblower Program, individuals providing original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.