Alphabet remains top buy: Commerzbank raises price target to $220

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Rosenblatt Downgrades Alphabet (GOOGL) to Neutral, 'Rising Transition Risk'

June 28, 2024 6:26 AM EDT

Rosenblatt analyst Barton Crockett downgraded Alphabet (NASDAQ: GOOGL) from Buy to Neutral with a price target of $181.00.

The analyst comments "We lower our Alphabet rating to NEUTRAL, seeing multiple areas of transitional risk that recommend stepping back for a little... More