Stocks
Tigress Raises GOOGL Price Target to Street-High $485
Tigress Financial Partners has raised its price target for Alphabet (GOOGL) to $485, a new Street high that implies 39.6% upside from current levels.
The analyst, Ivan Feinseth, reiterated his Strong Buy rating and stated that Alphabet is entering a new phase of AI-driven growth.
Feinseth believes that Alphabet's AI investments are turning into growth opportunities across its core businesses, including Search and Google Cloud.
He points to the integration of AI capabilities in multiple areas, such as Search, YouTube, Android, Workspace, and Cloud, which he expects will lead to increased monetization through commercial searches.