Citi Increases Alphabet's Price Target Following Strong YouTube and Search Performance

Reported about 12 hours ago

Citi has raised its price target for Alphabet Inc. (NASDAQ: GOOGL) from $200 to $203, maintaining a Buy rating based on positive trends in both YouTube and Search data. With YouTube garnering over 1 billion hours of daily viewing and significantly more views on YouTube Shorts, the company continues to attract advertisers despite evolving user search habits. However, Citi suggests exploring other AI stocks for potentially better investment opportunities.

Source: YAHOO

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