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UBS Raises Alphabet Price Target to $380 From $379

UBS raised its price target on Alphabet Inc. to $380 from $379. The minor one-dollar upward revision reflects steady analyst confidence in the tech giant's business fundamentals across digital advertising, Google Cloud, and artificial intelligence infrastructure. Analysts highlighted ongoing tracking of capital expenditures, search monetization, and AI compute investments ahead of upcoming quarterly earnings.

Category

Alphabet

Sentiment

Bullish

Event

Analyst flows

Reading time

1 min