Reported 2 days ago
Morgan Stanley has reaffirmed its 'Overweight' rating on Alphabet Inc. (GOOGL), raising the price target to $210 per share following its recent earnings report. Analyst Brian Nowak highlighted promising growth in Google’s cloud revenue and AI engagement metrics, suggesting that the rapid pace of innovation positions GOOGL for sustained multi-year growth, despite uncertainties in the broader AI sector.
Source: YAHOO