Alphabet (GOOGL) Gets PT Boost From Piper Sandler on AI Ad Momentum

Alphabet Inc. (NASDAQ:GOOGL) is one of the AI Stocks in the Spotlight for Investors. On December 11, Piper Sandler raised its price target on the stock to 365.00from365.00 from 330.00 while maintaining an “Overweight” rating. Analysts hold a positive outlook on the stock based on revenue impact from AI ad tools despite valuation stretch. Piper Sandler revealed findings from its AD buyer survey, noting how Search is taking share of digital budgets for the first time in 3 years. Google’s return on investment remain ...