Canaccord raised the firm’s price target on Alphabet (GOOGL) to $330 from $270 and keeps a Buy rating on the shares. The firm said they reported strong Q3 results, with total revenue coming in ahead of consensus and eclipsing $100B during a quarter for the first time in company history. All major business segments ex- Network (Search, YouTube, Subscriptions, and Cloud) saw growth accelerate during the quarter, with AI investments powering the broad-based business momentum.
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