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by chaostheory 3614 days ago
ok, my criticism is directed towards Wall St analysts. I could be wrong but it feels like the vast majority of them see X as a money pit that's hampering Alphabet as whole. I've been hearing this for about a year now. If ad revenue wasn't up, the chorus would be louder.
1 comments

I also don't know if that's entirely true either. After the earnings came out, it looks like quite a few Wall St analysts changed their recommendation to outperform, with a target price of 900+, and in general, it seems like many analysts all have pretty high target prices assigned to Alphabet.
Just because they like Alphabet as a whole doesn't mean that they like X. Am I wrong?