Monness, Crespi, Hardt Downgrades Alphabet to Neutral
Portfolio Pulse from Benzinga Newsdesk
Monness, Crespi, Hardt analyst Brian White has downgraded Alphabet (NASDAQ:GOOGL) from Buy to Neutral.
October 25, 2023 | 5:08 pm
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NEGATIVE IMPACT
Alphabet's stock has been downgraded from Buy to Neutral by Monness, Crespi, Hardt analyst Brian White.
Analyst ratings often have a significant impact on stock prices. A downgrade from Buy to Neutral suggests that the analyst sees less upside potential in the stock, which could lead to selling pressure and a potential decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100