Citizens Sees More Upside for Alphabet (GOOGL) on AI-Powered Search and GCP Acceleration

Alphabet Inc. (NASDAQ:GOOGL) is one of the AI Stocks Making Waves on Wall Street. On October 22, Citizens reiterated its Market Outperform rating on the stock with a $290.00 price target. The firm is optimistic that AI and cloud tailwinds can extend growth momentum. In particular, the firm cited AI improvements to the company’s search functionality and Google Cloud Platform (GCP) as growth catalysts. GCP, it noted, could accelerate as additional data center capacity becomes available. “Despite shares bei ...