Citi raised the firm’s price target on Alphabet (GOOG) (GOOGL) to $405 from $390 and keeps a Buy rating on the shares. Citi also added an “upside 90-day catalyst watch” on Alphabet ahead of the Q1 report on April 29. Given its positive online advertising checks and Google Cloud demand momentum, Citi believes Alphabet’s results results are likely to beat expectations.
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