Alphabet price target raised to $186 from $173 at UBS

UBS analyst Stephen Ju raised the firm’s price target on Alphabet (GOOGL) to $186 from $173 and keeps a Neutral rating on the shares. While Google maintaining its $75B capital expenditures guidance is likely to be viewed as a positive revenue environment signal, the firm’s checks into the quarter flagged deteriorating consumer sentiment April versus 1Q25, and Google acknowledged that it will not be immune to macro changes, the analyst tells investors in a research note. The firm continues to believe that Google’s multiple will remain under pressure due to unresolved regulatory issues and prospects for market share loss in its most important franchise.