Phillip Bullish on GOOGL Antitrust Outcome, Concerned on Valuation
We go to Marley Kaden, host of Market on Close. Good morning, Marley. >> Good morning, Nicole.How are you. You know, talking about this downgrade, it's not necessarily as bad as it sounds. It's not a downgrade coming on on anything really negative following that antitrust ruling that was generally viewed very positively by the street and the majority of the analysts who cover Google.So, Philip Securities did downgrade Alphabet to accumulate from buy, but they raised their price target. The price target is n ...