Alphabet Inc. (NASDAQ: GOOGL) saw Morgan Stanley raise its price target on October 2 to $270 from $210, maintaining an “Overweight” rating. The firm believes the company has transitioned from doubt to leadership in the AI race, with positive GenAI adoption signals and growing investor optimism.

The firm considers Alphabet Inc. (NASDAQ: GOOGL) an AI Winner, with a focus on upward revisions in Search and GCP for faster search and cloud growth from Gen AI. Willow, the latest quantum chip, boasts top performance metrics, including error reduction and rapid computation speeds surpassing today’s fastest supercomputers.

SaltLight Capital’s Q2 2025 investor letter highlighted their recent investment in Alphabet Inc. (NASDAQ: GOOGL), showcasing a balance between innovation risks and established strengths. The investment management company sees Alphabet as a prime example of navigating uncertainties in the market.

Read more at Yahoo Finance: Morgan Stanley Raises PT on Alphabet (GOOGL) Stock