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Gilder Gagnon Howe Trims Alphabet Inc. Class C Stake
Gilder Gagnon Howe & Co LLC, managed by Travis Knapp Anderson, recently reduced its stake in Alphabet Inc. Class C (GOOG) by 9,793 shares. Despite recent volatility, Wall Street analysts maintain a “Strong Buy” rating for GOOG, with average 12-month targets between $366 and $384, driven by strong Search and Google Cloud growth, and ongoing AI strategy. Spark, TipRanks’ AI Analyst, also rates GOOG as “Outperform” due to strong financial performance and technical trends, though it notes concerns about premium valuation and large planned capital expenditures for 2026.