Rosenblatt Downgrades Alphabet to Neutral, Lowers Price Target to $181
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Barton Crockett has downgraded Alphabet (NASDAQ:GOOGL) from Buy to Neutral and lowered the price target from $182 to $181.

June 28, 2024 | 3:08 pm
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Rosenblatt analyst Barton Crockett downgraded Alphabet from Buy to Neutral and lowered the price target from $182 to $181.
The downgrade from Buy to Neutral and the slight reduction in the price target indicate a less optimistic outlook for Alphabet's stock performance in the short term. This could lead to a negative impact on the stock price as investors may adjust their positions based on the new rating.
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