$GOOGL
-1.48%
$GOOGL - ALPHABET PRICE TARGET RAISED TO $350 AT TRUIST Truist Securities analyst Youssef Squali raised his price target on Alphabet (NASDAQ: GOOGL) to $350 from $320, while keeping a Buy rating. Key reasons: 🔸 Expecting record U.S. e-commerce and digital ad spending this holiday season 🔸 Resilient consumer supported by strong job market 🔸 More efficient ad platforms powered by AI advancements 🔸 Sustained e-commerce momentum and slightly higher Other Bets revenue (mainly from Waymo’s faster rollout) The new $350 target is based on updated FY26 estimates driven primarily by stronger advertising revenue outlook.
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