RBC Capital Reaffirms Outperform Rating for Alphabet with $204 Price Target
RBC Capital has reaffirmed its Outperform rating on Alphabet Inc. (NASDAQ: GOOGL) with a price target of $204.00, highlighting the company’s impressive 15% revenue growth to $88.27 billion in Q3 2024. Driven by strong performance in its Cloud and Search services, Alphabet’s operational income exceeded expectations, showcasing its resilience in the competitive tech landscape. Analysts are optimistic about Alphabet’s diverse revenue streams and strategic initiatives aimed at enhancing its market position.
The Rise of Airbus: How the A320 Jetliner Changed the Aircraft Market
In 1987, Prince Charles christened the Airbus SE A320, marking the beginning of Airbus’ challenge to Boeing’s dominance. Despite initial setbacks, Airbus ultimately surpassed the 737 to become the best-selling aircraft of all time. The success of the A320 shaped the current Airbus-Boeing duopoly, and with superior resources, Airbus CEO Guillaume Faury is poised to invest in a new model, potentially reshaping the industry.