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Alphabet Downgraded, Target Cut To $700: Wedbush Fears 'The Four Horsemen Of The Search Apocalypse'
Tuesday, September 27, 2016 - 4:54pm | 253Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) traded down about 1 percent (or $7.20 per share) in Tuesday’s after-hours session, after Wedbush downgraded the stock from Neutral to Underperform, trimming their 12-month price target from $800 to $700. According to analysts James Dix and Aria...