Citi Remains Bullish on Alphabet (GOOG), Citing Personalization Efforts, Valuation
From Yahoo Finance: 2025-05-22 13:15:00
Citi maintains a $200 price target and Buy rating on Alphabet Inc. (GOOG) stock, praising the company’s efforts to personalize products and attractive valuation. Alphabet is focused on personalization, introducing AI-powered glasses and personalized AI across products. Citi believes these initiatives will stabilize growth in GOOG’s core Search business. The main Search and Other unit is undervalued, trading at less than ten times expected 2026 EBIT. Despite increased competition, the stock has gained 5% in the last month but dropped 12% in the last three months. Citi suggests exploring other AI stocks with greater potential for returns.
Read more at Yahoo Finance: Citi Remains Bullish on Alphabet (GOOG), Citing Personalization Efforts, Valuation