Reported 2 days ago
Goldman Sachs has raised its price target for Alphabet Inc. (GOOGL) from $234 to $288, maintaining a Buy rating amid strong performance in the digital advertising sector and positive developments in artificial intelligence. The firm views GOOGL as a top AI player, benefiting from the growth of Gemini and search usage, as well as a favorable antitrust ruling. The stock has seen a 33% YTD gain as of mid-October.
Source: YAHOO