Keybanc Analyst Predicts 14% Upside for Alphabet Stock as Catalysts Await
Tuesday, 23 April 2024, 12:45
Lots of moving parts
The analyst doesn't see much that will change Alphabet's positive investing thesis when the company reports its first-quarter results. Alphabet is focusing on cost savings and restructuring efforts to boost performance.
If the company announces a dividend payout like Meta Platforms, it could attract income investors. Uncertainty around the CFO role and the stock's P/E ratio compared to the S&P 500 are key considerations for investors.
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