Google Stock Boosted By AI Growth, Cloud Expansion, Cost Discipline Despite DOJ And Generative AI Challenges: Analyst

Bank Of America Securities analyst Justin Post maintained a Buy rating on Alphabet Inc GOOG GOOGL Google with a price target of $225, up from $210.In 2024, Alphabet stock (up 35%) outperformed the S&P 500 (up 23%) and benefited from new product launches offsetting Al concerns (OpenAI traction), strong cost discipline, improving Cloud growth and positive estimates revisions.However, the threat of disruption from emerging Generative-Al search platforms and adverse judgment in the DOJ search case weighed on mu ...