Reported about 1 month ago
Morgan Stanley has reaffirmed its 'Overweight' rating on Alphabet Inc. (GOOGL), citing stable to improving leadership within the company. On June 11, Google appointed Koray Kavukcuoglu, former chief technology officer at Google DeepMind, as its new chief AI architect to enhance product strategy and integration of AI technology. Despite increasing competition in the AI sector, analysts maintain a 'Buy' rating for GOOGL, with a projected price target suggesting significant upside potential.
Source: YAHOO