AIBullishBlockonomi · 5h ago6/10
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Alphabet (GOOGL) Stock Slides 3%: Why This Analyst Sees a Major Buying Opportunity
Alphabet stock declined 3% despite receiving a bullish $445 price target from analysts, driven by strong fundamentals in Google Cloud which posted 63% revenue growth in Q1 2026 and accumulated a $462 billion backlog. The pullback presents a potential entry point for investors as the company's cloud division continues to accelerate.