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Woodline Partners LP boosts Alphabet Inc. Class A stake
Woodline Partners LP, managed by Michael Rockefeller, increased its stake in Alphabet Inc. Class A (GOOGL) by 276,093 shares. Alphabet Class A shares have seen significant growth over the past year, with analysts maintaining a Strong Buy rating due to strong financial performance, re-accelerating Search revenue, and robust Cloud growth driven by AI demand. TipRanks’ AI Analyst “Spark” rates GOOGL as “Outperform” based on its financial quality, despite concerns about valuation and short-term capital intensity.