KeyBanc raised the firm’s price target on Alphabet (GOOG) (GOOGL) to $215 from $195 and keeps an Overweight rating on the shares. The firm expects a solid Q2 with revenue of $94.6B driven by Search, YouTube, and Cloud. KeyBanc expects positive commentary on AI Mode, Waymo, and expense efficiencies, and for management to reinforce the value of Alphabet’s platform approach to AI.
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