Loop Capital Upgrades Alphabet Inc. (GOOGL) To Buy, Raises PT

Group 1 - Alphabet Inc. has been upgraded from Hold to Buy by Loop Capital Markets, with a price target increase from $260 to $320 [1] - Concerns regarding AI impacting Google's search revenue are diminishing, with search revenues remaining strong, supported by AI features [2] - Alphabet's fiscal Q3 2025 results exceeded estimates, with a revenue growth of 15.95% year-over-year to $102.35 billion, surpassing estimates by $2.21 billion [3] Group 2 - Google Services revenues increased by 14% to $87.1 billion, while Google Cloud revenues grew by 34% to $15.2 billion, driven by the Google Cloud Platform [3] - The company operates major segments including Google Services, Google Cloud, and Other Bets [4]