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MIG Capital Cuts Alphabet Inc. Class C Stake
MIG Capital, managed by Richard Merage, recently reduced its stake in Alphabet Inc. Class C (GOOG) by 8,058 shares. Despite this, Alphabet stock remains up over 72% in the last year, and Wall Street analysts generally maintain a Strong Buy rating due to accelerated Search revenue growth and a surging Google Cloud business, despite concerns over planned large capital expenditures in 2026. TipRanks’ AI Analyst, Spark, rates GOOG as Outperform, citing strong financial performance and technical trends.