GOOG stock turns flat after early spike as EU sets Wiz deal deadline and Cantor upgrades Alphabet
Alphabet’s Class C shares were little changed Thursday after EU regulators set a Feb. 10 deadline to decide on its $32 billion Wiz acquisition. Cantor Fitzgerald upgraded the stock to Overweight and raised its price target to $370. GOOG opened higher but slipped to $322.69 in early trade. The EU decision could determine if the deal faces a lengthy review.