‘Business Still Strong, But…’: Here’s what Wall Street is saying about Alphabet’s earnings

Alphabet shares traded slightly lower Tuesday morning as Wall Street delivered a classic reaction to its earnings which were released the prior evening: the results were good, but not good enough.

While Alphabet reported revenue and profits for the fourth-quarter that topped Wall Street’s expectations, analysts said the internet giant’s margins were disappointing. That revelation led some to slash their price targets, but the majority of analysts who track the stock maintained their positive long-term outlooks.