JPMorgan raised the firm’s price target on Alphabet (GOOGL) (GOOG, GOOGL) to $385 from $340 and keeps an Overweight rating on the shares. The firm remains positive on the “Magnificent 7” heading into 2026. It sees the internet sector delivering another solid year of revenue growth in 2026, with the mega-caps in the low-mid teens growth range year-over-year. JPMorgan’s top picks into next year are Alphabet, Amazon (AMZN), DoorDash (DASH) and Spotify (SPOT).
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