Analysts Raise Google Stock Price Target Amid Improving Investor Sentiment
TL;DR Summary
Wedbush analysts upgraded their price target for Google-parent Alphabet, citing signs of improving investor sentiment and potential benefits from a reported Apple licensing deal for its artificial intelligence model. Google stock climbed 1.8% to 150.31, and the brokerage raised its price target to 175 from 160, emphasizing Alphabet's competitive advantages in AI and dismissing perceived structural risks to Google Search.
Topics:business#alphabet#artificial-intelligence#financestock-market#google#price-target#stock-market
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- Is Alphabet (GOOG) Stock Trading at a Reasonable Valuation? Yahoo Finance
- Is Alphabet Stock Going to $175? 1 Wall Street Analyst Thinks So. The Motley Fool
- Alphabet Is a ‘Best Idea,’ at Wedbush. AI Risks to Google Search ‘Overstated.’ Barron's
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