Is Google’s ‘phenomenal’ fiscal run about to end?

A phenomenal fiscal year for Alphabet Inc. is about to close, and there are concerns that the future isn’t as rosy.

Google’s parent company should expect “tricky waters to traverse in 2022” after it reports a solid fourth quarter on Tuesday, AB Bernstein analyst Mark Shmulik warned in a Jan. 27 note that shaved his price target of Alphabet
GOOGL,
+3.37%

GOOG,
+3.23%
shares to $3,250 from $3,350.