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In a report published on Wednesday, Topeka Capital Markets analyst Victor Anthony reiterated a Buy rating for Google (NASDAQ: GOOG) and maintained a $999.00 price target.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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In the report, Topeka Capital Markets stated, "Waze would add a non-existent social layer to Google Maps, further strengthening its lead over Apple (APPL-$440.54:Buy) in the all important mapping category. Waze could leverage Google's advertising and engineering expertise to further develop and monetize the platform. The longer-term opportunity would be the combined integration of Google Maps, Waze, and Google Voice Search into telematics/navigation equipment and subsequently local/locationbased advertising and licensing opportunities."
Google closed Tuesday at $879.81.