Alphabet Inc. is downgraded to Hold, as share pricing has nearly doubled in a year and now appears fully valued. Valuation multiples are at multi-decade highs, with EV/EBITDA at 26x trailing results.
Alphabet, Inc. is a holding company, which engages in software, health care, transportation, and other technologies. It operates through the following segments: Google Services, Google Cloud, and ...
After hitting $4 trillion market capitalization earlier this month, Alphabet is approaching another milestone: $400 a share.
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