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Alphabet price target raised to $450 from $375 at TD Cowen

TD Cowen raised the firm’s price target on Alphabet (GOOG) to $450 from $375 and keeps a Buy rating on the shares. The company’s “monster” cloud results in Q1 signal an “AI inflection point,” the analyst tells investors in a research note. TD upped its long-term forecasts for Alphabet post the earnings report.

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