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Alphabet Inc.'s stock $GOOGL faced mixed sentiments with analysts praising its strong defense against tough questions. Despite concerns about threats to its core Search business, positive search query growth was reported. The stock traded at 16.7x GAAP 2025 EPS. $GOOGL reclaimed its 200-day moving average, indicating a possible short-term bottom. Evercore ISI reiterated Alphabet as outperform with strong tech and data assets.
$GOOGL updated chart. Clearing the small gap and the 10ema https://t.co/vt11azmCZ7 https://t.co/3i8Cmoep1d
weekly reversal taking shape for $GOOGL - that was one red spot this week, but close to even https://t.co/rHjRzJ4P5h
$GOOGL Evercore ISI reiterates Alphabet as outperform Evercore said the stock is a new top pick at the firm. “Meanwhile, GOOGL’s tech & data assets are clearly among the strongest in the world. And along with negative sentiment on GOOGL shares and cautious management commentary…