Stifel raised the firm’s price target on Alphabet (GOOG) (GOOGL) to $346 from $333 and keeps a Buy rating on the shares as part of the firm’s digital ads Q4 preview. The firm prefers Alphabet into the print with what it sees as “solid fundamentals that are likely ahead of Street,” the analyst tells investors. However, the wildcard is incremental releases from OpenAI that are likely to show well versus the latest Gemini, though the firm thinks “that’s something to worry about after the print.”
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