Alphabet Is A Massive Cash Flow Machine With An Under-Leveraged Balance Sheet: Analyst

WestPark Capital analyst Curtis Shauger initiated coverage on Alphabet GOOG on Tuesday with a Buy rating and a price target of $210. Alphabet reported fourth-quarter net sales of $96.47 billion, up 11.8%, but this fell short of the consensus estimate of $96.56–$96.69 billion. GAAP EPS reached $2.15, topping the consensus of $2.12–$2.13. Also Read: Google's New AI Travel Features Could Drive Major Growth In Search Volume: Analyst Cloud revenue of $11.96 billion grew 30% but underperformed the $12.19 billion ...