Alphabet will be fine long-term, Morgan Stanley analysts wrote in a note Tuesday, but the stock will continue to sink in the short-term.
Shares of Alphabet fell Tuesday after Morgan Stanley analysts wrote that the stock would likely continue to sink in the short-term.Google's CFO blamed changes on YouTube, among other things, for driving its slowing advertising revenue growth last quarter that sent the stock down on the report.
Sundar Pichai, CEO of Google, speaks to the media before the opening of the Berlin representation of Google Germany in Berlin on January 22, 2019.
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