Wall Street Analysts Forecast Alphabet Inc (GOOGL) Stock Performance for Next Year
Tuesday, 23 April 2024, 10:12
Alphabet Inc (GOOGL) Strategic Shifts
The parent company of Google, Alphabet Inc, is focusing on AI infrastructure and efficiency improvements through recent layoffs and operational restructuring.
Revenue Growth and Optimism
Alphabet's revenue growth is on track, with analysts anticipating a rebound following slower quarters due to external economic factors.
Stock Price Forecast
Wall Street analysts predict a 6.77% increase in Alphabet's stock price over the next 12 months, driven by positive user engagement and advertising growth.
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