BMO reiterates Alphabet as a top pick and raises price target
The reiterated top-pick view and higher Cloud estimates support a bullish outlook, though this remains an analyst opinion.
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The reiterated top-pick view and higher Cloud estimates support a bullish outlook, though this remains an analyst opinion.
What happened, with direct paths to the underlying reporting
BMO raised its GOOG target to $480 from $339.27, citing intact AI prospects and higher Cloud estimates. The target implies about 41% upside from the posted price.
Target: $480
Posted price: $339.27
Analyst firm: BMO Capital
Analyst: Brian Pitz
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