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Alphabet price target raised to $280 from $270 at TD Cowen

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.

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