Alphabet Remains Core Tech Bet But Regulatory Risks and AI Uncertainties Loom: Analysts
Alphabet(GOOG) Benzinga·2024-09-06 01:34
Analysts re-rated Google parent Alphabet Inc GOOGL Thursday.Cantor Fitzgerald analyst Deepak Mathivanan initiated coverage on Alphabet with a Neutral rating and a price target of 205 price target.Cantor Fitzgerald: Mathivanan noted that Google should remain at the core of a growth-oriented technology, media, and telecom (TMT) portfolio. However, the analyst noted limited upside to both Street estimates and valuation multi ...