Evercore Reiterates Outperform on Alphabet (GOOGL), Calls It a Top Pick

Alphabet Inc. (NASDAQ:GOOGL) is one of the Exciting AI Stocks to Watch Right Now. On September 8, Evercore ISI reiterated the stock as “Outperform” and raised its price target on the stock to $300 from $240. The firm said that Alphabet stock remains a top pick. In an investor note, the firm stated how Google’s share as the primary search engine has declined from previous surveys whereas ChatGPT has been gaining traction. However, the company’s dominance in commercial-intent search cases such as in shoppi ...