Alphabet (GOOGL) Price Target Lifted to $294 by BMO Capital on AI Leadership Strength

Core Insights - Alphabet Inc. is recognized as a leading AI stock on Wall Street, with BMO Capital raising its price target from $225 to $294 while maintaining an Outperform rating [1][3] - The company's AI leadership is positively impacting its core Search and Google Cloud Platform (GCP) performance, driven by ongoing AI integrations and product launches [2][3] - BMO Capital has increased its gross revenue estimates for Q3 2025 and Q4 2025 by 1.2% and 1.5%, respectively, while monitoring the outcomes of the Ad Tech Remedies trial [3] Company Performance - Alphabet Inc. benefits from product launches and AI integrations that enhance user value incrementally [2][3] - The firm maintains a view that a structural breakup of the company is unlikely despite ongoing legal challenges [2][3] Market Position - While Alphabet Inc. is seen as a strong investment, there are opinions that other AI stocks may offer greater upside potential with less downside risk [4]