Notable Upgrades: Alphabet Inc. (GOOG), Avago Technologies (AVGO), SolarCity (SCTY), Ciena Corp (CIEN), SunPower (SPWR)

Analysts at Pacific Crest are out with a report today raising shares of Alphabet Inc. (GOOG) to $850 from $820. Alphabet Inc. shares are currently priced at 31.40x this year’s forecasted earnings, compared to the industry’s 9.64x earnings multiple. Ticker has a forward P/E of 21.83 and trailing-12 price-to-sales ratio of 7.09. EPS for the […] View the full post at: Notable Upgrades: Alphabet Inc. (GOOG), Avago Technologies (AVGO), SolarCity (SCTY), Ciena Corp (CIEN), SunPower (SPWR) Related posts: Align Technologies Takes One in the Teeth SunPower Shows Solar Can Be Profitable Accounting Irregularities Eclipse SunPower