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Wall Street Boosts Alphabet (GOOGL) Price Targets Ahead of Q3 Earnings

Wall Street Boosts Alphabet (GOOGL) Price Targets Ahead of Q3 Earnings

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Global Cryptocurrency

Published:

2025-10-23 20:46:01

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Analysts are raising price targets for Alphabet Inc. (GOOGL) ahead of its third-quarter earnings report, signaling confidence in the tech giant's performance. Bernstein's Mark Shmulik increased his target to $260 from $210, citing reduced regulatory pressures and advancements in AI as key catalysts. Google's Gemini app topping download charts and Cloud division gains were noted as positive indicators.

Oppenheimer lifted its forecast more aggressively to $300, implying 15% upside from current levels. The firm maintains an 'Outperform' rating, aligning with Bernstein's view on Alphabet's AI and cloud trajectory. A CNN Business survey shows overwhelming analyst consensus, with 83% of 75 respondents recommending GOOGL as a buy before earnings.

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