智通财经网·2025-09-03 13:48Core Viewpoint - The recent ruling by a U.S. federal judge in the antitrust case regarding search agreements is seen as a significant victory for both Alphabet (GOOGL.US) and Apple (AAPL.US), allowing their lucrative search agreement to remain intact, which generates approximately $20 billion annually for Apple [1][2]. Group 1: Impact on Apple - Wedbush maintains an "outperform" rating on Apple with a target price set at $270, indicating confidence in the company's stock performance following the ruling [1]. - The court's decision alleviated concerns that had previously cast a shadow over Apple's stock, particularly fears regarding potential disruptions to its search agreement with Google [1][2]. Group 2: Impact on Alphabet - Wedbush also maintains an "outperform" rating on Google, raising its target price from $225 to $245, reflecting a positive outlook following the court's decision [1]. - The ruling allows Google to continue its agreements with distribution partners for pre-installation or deployment of its products, including the Chrome browser, without the need to abandon these partnerships [2]. - Analysts believe that the ruling eliminates significant regulatory uncertainties for Google, allowing for favorable conditions for expansion in the coming quarters [2]. Group 3: Market Sentiment and Future Outlook - The market is expected to react positively to the ruling, as it resolves years of speculation regarding the search agreement and its implications for both companies [2]. - Analysts express increased optimism regarding Google's long-term search business stability and have adjusted their expectations accordingly, noting that Google's stock has been undervalued compared to peers like Meta (META.US) [3].