Once one of the highest rated stocks on Wall Street, Alphabet Inc. is receiving a colder reception from analysts after a 36% rally this year.
The internet search giant has 47 buy ratings, the lowest in at least three years, among 55 analysts follow up by Bloomberg covering it. While it still reflects more optimism than many other Nasdaq 100 companies, it is well below Alphabet’s unanimous approval a year ago, showing some analysts believe its rebound from a low. of November is running out of steam.
