TD Cowen raised the firm’s price target on Alphabet (GOOGL) (GOOG) to $375 from $365 and keeps a Buy rating on the shares as part of a Q1 earnings preview. TD’s call with a digital advertising expert indicates Google search spend accelerated slightly in Q1, led by click growth, the analyst tells investors in a research note. The firm expects further cloud acceleration and “robust” year-over-year search growth for Alphabet in Q1.
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