Rosenblatt Securities has downgraded Alphabet's (GOOG, GOOGL) stock to Neutral from Buy and trimmed its price target. The firm cites transitional risks and...
) stock to Neutral from Buy and trimmed its price target. The firm cites transitional risks and increasing competition as key factors in its decision.Alphabet getting a downgrade today, Rosenblatt cutting its rating to neutral that's down from by trimming its price target by a buck there.Now, the firm citing transitional risks in multiple areas that could impact a search ad revenue.
And with a I, you can say something like I am looking for the most affordable but best lasting coat available on the market and it will give you that exact product for that.And that's why we've seen the rise in social media influencing when it comes to products like that because you can get a lot more specific.The idea that A I is potentially going to be a better search engine than something like Google is able to provide for consumers right now.
Seana Smith GOOGL Madison Mills
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