Morgan Stanley raised the firm’s price target on Alphabet (GOOG) (GOOGL) to $205 from $185 and keeps an Overweight rating on the shares. The firm increased estimates across the internet space to reflect a more favorable macro backdrop and lower China tariffs. Morgan Stanley also rolled its valuation methodologies to mid-year 2026. The firm sees GenAI driven revenue acceleration at both Alphabet and Meta (META), but prefers the parent of Google in the near-term due to valuation.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GOOGL:
- Tech Titans Thrive as Trump Policies Stoke Market Mania
- Options Volatility and Implied Earnings Moves This Week, July 21 – July 24, 2025
- U.K. to designate Apple, Google as having ‘strategic advantage,’ WE reports
- GOOGL Upcoming Earnings Report: What to Expect?
- Teen Hacker Steals 243 Million in Bitcoin and Outs Himself on Livestream