GOOGL Aug 2024 205.000 put

Alphabet stock hit with Rosenblatt downgrade

Rosenblatt Securities has downgraded Alphabet's (GOOG, GOOGL) stock to Neutral from Buy and trimmed its price target. The firm cites transitional risks and increasing competition as key factors in its decision. Catalysts hosts Seana Smith and Madison Mills break down the details. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith