Alphabet (GOOGL): Why analysts raise their forecasts
Source: CoinWorld
Time: 2025-09-18 05:58:59
Alphabet (GOOGL) shares surged more than 21% in the past month, reaching a market cap of $3 trillion after winning a U.S. Department of Justice lawsuit and benefiting from a strong AI outlook. Analysts at Tigress Financial, Citibank, Wedbush and Evercore ISI have raised their target price to $300, citing strong second-quarter 2025 results, with double-digit revenue growth driven by AI technology in cloud computing and search.