Alphabet’s (GOOGL) YouTube Growth Drives MoffettNathanson’s Buy Rating

Alphabet Inc. (NASDAQ:GOOGL) ranks among the best FAANG+ stocks to invest in right now. On March 9, MoffettNathanson restated its Buy rating and $350 price target for Alphabet Inc. (NASDAQ:GOOGL), highlighting YouTube’s standing as the world’s leading media group based on revenue. Based on comparable companies, the firm believes YouTube is worth $500 billion to $560 billion. Taking into account YouTube’s 33% revenue, subscription services like YouTube TV, YouTube Premium, and NFL Sunday Ticket are expand ...