Piper Sandler analyst Thomas Champion raised the firm’s price target on Alphabet (GOOG) (GOOGL) to $195 from $185 and keeps an Overweight rating on the shares. The company reported an “impressive” Q1 with 12% revenue growth, the analyst tells investors in a research note. The firm says results at YouTube and Search were strong, while Cloud was slightly below its estimate. Piper believes Alphabet is navigating the choppy macro environment “just fine.”
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