Barclays raised the firm’s price target on Alphabet (GOOG) (GOOGL) to $315 from $250 and keeps an Overweight rating on the shares post the Q3 report. The company saw each key revenue line accelerate in the quarter aid artificial intelligence tailwinds across the entire business, and a solid digital advertising industry backdrop, the analyst tells investors in a research note. Barclays thinks the shares “can continue to work higher.”
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