Farallon Capital Management, L.L.C. has reduced its holding in Alphabet Inc. Class C (GOOG) by 333,900 shares. Despite this trim, Alphabet Class C stock has seen significant gains over the past year, and analysts maintain a Strong Buy rating, projecting further upside. TipRanks’ AI Analyst, Spark, rates GOOG as “Outperform,” citing strong financial performance, though noting concerns about premium valuation and near-term cash flow pressure due to planned capital expenditures.
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Farallon Capital trims Alphabet Inc. stake by 333,900 shares
Farallon Capital Management, L.L.C. has reduced its holding in Alphabet Inc. Class C (GOOG) by 333,900 shares. Despite this trim, Alphabet Class C stock has seen significant gains over the past year, and analysts maintain a Strong Buy rating, projecting further upside. TipRanks’ AI Analyst, Spark, rates GOOG as “Outperform,” citing strong financial performance, though noting concerns about premium valuation and near-term cash flow pressure due to planned capital expenditures.