Google's AI Proves It's Boosting, Not Disrupting, Legacy Ad Monetization: Analyst

Goldman Sachs analyst Eric Sheridan maintained a Buy rating on Alphabet Inc GOOG GOOGL with a price forecast of $220 on Thursday.Sheridan said that expanding upon its recent AI announcements, Google’s Marketing Live keynote outlined Alphabet’s vision for launching AI tools and services in the context of digital advertising.The analyst noted that Google continues to repeat how AI can help increase ad spending performance across its suite of products.Also Read: Analyst Cautions On Snap As Meta And Google Bene ...