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Alphabet (GOOGL) Soars on Raymond James Upgrade and Bullish AI Revenue Forecast

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Raymond James upgraded Alphabet to Strong Buy with a $400 target, citing strong AI-driven growth across multiple business lines and superior revenue forecasts compared to consensus, pushing shares toward key milestones amid ongoing expansion in cloud, search, and AI chip production.
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GOOGL price history

338.50 +6.53% over the displayed period

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