Barclays raised the firm’s price target on Alphabet (GOOGL) to $235 from $220 and keeps an Overweight rating on the shares. The company reported “a lot of great metrics” in Q2, including search paid clicks and accelerating cloud revenue, the analyst tells investors in a research note. The firm now awaits a remedy decision from the Department of Justice.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GOOGL:
- Strong Financial Performance and Strategic AI Investments Drive Buy Rating for Alphabet
- Alphabet Inc. Reports Robust Q2 2025 Growth
- Meta Just Poached Three of Google’s (GOOGL) Gold-Medal AI Researchers
- This Is Why Apple (AAPL) Is Losing the Battle for Top AI Talent
- Alphabet Stock (GOOGL) Drops after Threatened U.K. Crackdown on Mobile Domination