Google’s parent company Alphabet Inc.(NASDAQ:GOOGL) After the Q4 results, Oppenheimer analyst Jason Helfstein raised his price target to $155 from $130, maintaining an “outperform” rating. The analyst said in a research note that the weak macro environment eventually affected Alphabet’s search business. The 4% decrease in the company’s net advertising revenue due to layoffs may be offset by lower operating expenses and reduced losses on Google Cloud Platform.