From Investing.com: 2025-01-17 10:18:04

BMO Capital Markets raises price target for Alphabet, maintains Outperform rating. Positive channel checks show improvement in Google’s Search, GCP, and YouTube segments. Search revenue for 2025 less risky with PMax enhancing ROAS. GCP executing well with revenue growth estimates raised. YouTube’s DR strength and Creator AI tools drive revenue growth. Ongoing Google DoJ trials could impact Android. Revised model includes higher revenue estimates for Search and YouTube in 2025. Cloud growth estimates for 2025 and 2026 increased following Gemini improvements. GAAP EPS estimates for 2025 and 2026 raised above consensus. Capital expenditures for 2025 and 2026 projected at $60 billion and $66 billion.



Read more at Investing.com: BMO lifts Google stock price target on improving Search, cloud, and Youtube trends By Investing.com