TD Cowen raised the firm’s price target on Alphabet (GOOG) to $375 from $365 and keeps a Buy rating on the shares. The firm said their 1Q Digital ad expert call implied Google Search spend accelerated slightly in 1Q26, led by click growth. They expect robust growth of about 16% year-over-year, Search revenue growth and Cloud revenue +50% year-over-year, helped by AI efforts.
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