BMO Capital Boosts Google Cloud (GOOG) Outlook as Enterprise AI Adoption Hits Rapid Acceleration

Alphabet Inc. (NASDAQ:GOOG) is one of the best growth stocks to buy in 2026. On December 16, BMO Capital raised the firm’s price target on Alphabet to $343 from $340, while maintaining an Outperform rating on the shares. BMO is leaning into a more bullish outlook for Google Cloud, citing Cloud Expert calls that suggest a rapid acceleration in enterprise AI adoption. Reflecting this momentum, BMO Capital adjusted its Google Cloud growth targets upward for the coming quarters, peaking at 40% in the first qua ...