BofA raised the firm’s price target on Alphabet (GOOGL) to $225 from $210 and keeps a Buy rating on the shares as the firm rolls forward its price target basis to its 2026 GAAP EPS view of $10.06 and a applies a one-turn lower multiple. The firm sees potential for AI Overviews to drive “healthy search trends” and likes the margin set up with a flat headcount in Q3 and new CFO, the analyst added.
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