Alphabet Stock Can Keep Winning. Analysts Are Excited About Search Again.
Market Intelligence Analysis
AI-PoweredAnalysts are optimistic about Alphabet's stock performance due to increased engagement with Google search driven by AI tools, leading to a raised target price by TD Cowen analyst John Blackledge.
Market impact analysis based on bullish sentiment with 85% confidence.
Article Context
Alphabet stock has more room to run because the company’s artificial- intelligence tools seem to be boosting engagement with Google search, analysts say. TD Cowen analyst John Blackledge raised his target for Alphabet’s stock price to $350 from $335 on Friday, a call that implies a 12% gain from the stock’s Thursday closing price of $312.43. Evercore ISI analyst Mark Mahaney is positive as well.
Analysis and insights provided by AnalystMarkets AI.