Here's what Wall Street is saying after Google's big hardware event

#artificialintelligence 

Wall Street was impressed by Tuesday's big Google event, which unveiled new hardware like the Pixel phone and the Google Home device, and launched the company's new artificial intelligence-powered Assistant onto several new devices. The company's stock has remained stable since then -- it's up slightly, about 0.46% as of 10 a.m. Wednesday -- but analysts say the new products are a good sign for Google, despite the fact that Google appears to be following in the footsteps of other more accomplished hardware companies like Apple and Amazon. Macquarie remains bullish on Google, affirming its "outperform" rating and setting a price target of 975. It describes Google's new products as "me too" -- meaning it's showing up to the game a bit late, after Apple has already mastered the smartphone and Amazon has dominated the AI-powered device market with Alexa and the Echo.

Duplicate Docs Excel Report

Title
None found

Similar Docs  Excel Report  more

TitleSimilaritySource
None found