Alphabet price target raised to $145 from $135 at Oppenheimer
The Fly

Alphabet price target raised to $145 from $135 at Oppenheimer

Oppenheimer raised the firm’s price target on Alphabet to $145 from $135 following quarterly results, while keeping an Outperform rating on the shares given stabilizing ad trends, with Q1 Search growing similar to Q4 ex-FX. The firm also highlights that new AI product announcements are expected at May 10 I/O event.

Published first on TheFly

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