Roth Capital raised the firm’s price target on Alphabet (GOOGL) to $395 from $365 and keeps a Buy rating on the shares. The company reported an emphatic clean-beat Q3 result with accelerating revenue across Search, Cloud, and Subscriptions, the analyst tells investors in a research note. Roth adds that it “strongly believes” that AI expands the total addressable market for all Internet/Consumer businesses.
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