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Alphabet price target raised to $280 from $240 at Tigress Financial

Tigress Financial analyst Ivan Feinseth raised the firm’s price target on Alphabet (GOOGL) to $280 from $240 and keeps a Strong Buy rating on the shares. The firm says Alphabet shares are at all-time highs due to strong artificial intelligence, cloud, and YouTube performances. Alphabet continues to benefit from its leading AI position across every major secular technology trend, the analyst tells investors in a research note.

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