SCS Capital Management LLC, led by Antony J. Abbiati, has reduced its holdings in Alphabet Inc. Class A (GOOGL) by 3,502 shares. Alphabet Class A stock has seen substantial gains over the past year and month, with analysts largely maintaining a Strong Buy rating. TipRanks’ AI Analyst, Spark, rates GOOGL as “Outperform” due to strong financial performance and a solid uptrend, despite concerns about premium valuation and near-term investment-related risks.
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SCS Capital Trims Alphabet Inc. Stake by 3,502 Shares
SCS Capital Management LLC, led by Antony J. Abbiati, has reduced its holdings in Alphabet Inc. Class A (GOOGL) by 3,502 shares. Alphabet Class A stock has seen substantial gains over the past year and month, with analysts largely maintaining a Strong Buy rating. TipRanks’ AI Analyst, Spark, rates GOOGL as “Outperform” due to strong financial performance and a solid uptrend, despite concerns about premium valuation and near-term investment-related risks.