TD Cowen analyst John Blackledge raised the firm’s price target on Alphabet (GOOG) to $280 from $270 and keeps a Buy rating on the shares. The firm said its 3Q Digital ad expert call implied the company’s Search growth remains strong, despite macro uncertainty. Cowen also expects to see robust Cloud growth during the quarter.
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 GOOG:
- Alphabet Class A put buyer realizes 5% same-day gains
- Strong Growth in Google’s Search and Cloud Segments Reinforces Buy Rating Amid Macroeconomic Uncertainties
- Google (GOOGL) Launches New Gemini 2.5 Model to Help AI Agents Use Websites
- AI Daily: IBM to partner with Anthropic on software development
- Google’s Kattukaran tells The Verge company still committed to smart displays