Reported about 13 hours ago
Bank of America Securities analyst Justin Post has retained a 'Buy' rating for Alphabet Inc. (GOOGL) with a price target of $200, despite mixed investor sentiment following a recent debate. While Alphabet faces challenges from competitors like ChatGPT and regulatory issues, Post believes its proprietary data and diversified services such as Cloud and YouTube position it well for long-term growth. The bullish outlook from a significant number of investors further supports this positive stance.
Source: YAHOO