Alphabet’s stock (NASDAQ:GOOG) experienced a 1.1% midday dip despite beating Q4 expectations with strong revenue and EPS, and significant growth in Google Cloud. While long-term prospects are supported by AI monetization and Waymo’s progress, the company faces near-term challenges including an EU antitrust probe and concerns over a multi-currency bond deal. Analysts maintain a consensus “Buy” rating with a target price of $343.90, suggesting potential upside despite recent institutional selling.
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Alphabet (NASDAQ:GOOG) Stock Price Down 1.1% - Should You Sell?
Alphabet’s stock (NASDAQ:GOOG) experienced a 1.1% midday dip despite beating Q4 expectations with strong revenue and EPS, and significant growth in Google Cloud. While long-term prospects are supported by AI monetization and Waymo’s progress, the company faces near-term challenges including an EU antitrust probe and concerns over a multi-currency bond deal. Analysts maintain a consensus “Buy” rating with a target price of $343.90, suggesting potential upside despite recent institutional selling.