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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Read More on GOOG:
- John Blackledge Lifts Alphabet Price Target to $450 on Strengthening AI Growth and Cloud Momentum, Reiterates Buy
- Ralph Schackart Reiterates Buy on Alphabet, Citing Reaccelerating Search, AI-Driven Ad Innovation, and Margin Expansion in Google Cloud
- Closing Bell Movers: Meta falls 6%, Alphabet jumps 6% after earnings
- Alphabet price target raised to $470 from $420 at Pivotal Research
- Alphabet raises FY26 CapEx view to $180B-$190B from $175B-$185B
