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Analysts revise Google stock price targets
AlphabetAlphabet(US:GOOG) Finbold·2024-07-17 12:07

As Alphabet (NASDAQ: GOOG) prepares to announce its second-quarter earnings on July 23, investor attention is focused on profit margins amid expectations of decelerating revenue growth.Alphabet stock has risen 47% in value over the last 12 months, with 33% of that growth occurring this year alone, driven by the growing interest in generative artificial intelligence (AI) and Google’s dominance in the advertising sector.Despite the recent strong price gains, Alphabet shares are currently trading at a forward ...