Alphabet’s Google ‘TAC’ Could Be Hurt By Regulations, Says RBC

Tech Trader Daily
By Tiernan RaySep 11, 2017, 11:16 am175 pts
Alphabet's shares are valued high relative to historical trends, which is a concern given the company's Google unit faces increasingly regulatory scrutiny, writes Mark Mahaney or RBC Capital. Mahaney, who remains bullish on Alphabet shares, spells out how regulatory activity could drive up costs for Google to…

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