Alphabet (GOOGL.US) faces AI "double-edged sword", investment bank Rosenblatt gives "neutral" rating.

According to the Wise Finance APP, Barton Krokit, senior research analyst at the investment bank Rosenblatt Securities, pointed out that the development of artificial intelligence presents both opportunities and challenges for Alphabet (GOOGL.US). The bank has given Alphabet a "neutral" rating with a target price of $189.