Citizens Keeps Market Outperform Rating on Alphabet (GOOGL)

Core Insights - Alphabet Inc. (NASDAQ: GOOGL) is recognized as one of the 10 most profitable stocks over the last five years, with a reaffirmed Market Outperform rating and a price target of $290 from Citizens [1][2] - The company is actively integrating AI across its business operations, although there are concerns regarding the rapid product development pace of OpenAI, which may challenge Google's own AI rollout speed [1][2] - The integration of ChatGPT with third parties could lead to increased control over user experience and content curation, potentially impacting retail media [2] Company Overview - Alphabet Inc. is a global technology company and the parent company of Google, with a diverse product portfolio that includes Search, Ads, Chrome, Cloud, YouTube, and Android [2] Investment Considerations - While Alphabet Inc. is viewed as a potential investment, there are opinions suggesting that certain AI stocks may offer greater upside potential and lower downside risk [3]