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Alphabet Closes at $356.24 as AI Targets Climb to $451

Alphabet closed at $356.24 on July 9, trading in a tight $356-$359 range as institutional optimism around AI execution intensified. The stock has drawn repeated bullish calls since late June, including Morgan Stanley’s June 30 price-target hike to $415 citing TPU monetization potential and BMO’s July 6 reaffirmation as its top internet pick. Berkshire Hathaway expanded its stake beyond $20 billion via a June private placement, while consensus forecasts now project a Rule of 40 score of 52.7 and a high-end target of $451.50, implying 25% upside despite the stock’s 100%+ rally over the past year.

Category

Alphabet

Sentiment

Bullish

Event

Institutional outlook

Reading time

1 min