Analyst reduce price on Google stock; Here's the new target
Alphabet(GOOGL) Finbold·2024-10-14 12:30
As Alphabet (NASDAQ: GOOGL) navigates an operational environment dominated by legal uncertainty stemming from antitrust issues, some analysts on Wall Street view this aspect as bearish for the company, leading to a recent adjustment of the firm’s stock.Specifically, in an investor note on October 14, Goldman Sachs (NYSE: GS) adjusted its outlook on Alphabet, citing ongoing concerns regarding the technology giant’s legal and competitive landscape.The bank’s analyst, Eric Sheridan, highlighted two significant ...