Alphabet Inc. (NASDAQ: GOOGL) is gaining attention on Wall Street, with Canaccord Genuity raising the price target to $390.00 and maintaining a Buy rating. The tech giant’s scale and data position are seen as key strengths post regulatory clarity, leading to positive shifts in market perception and AI innovation.

Following a favorable ruling in a search antitrust case, Google’s narrative has shifted towards search stability, accelerated AI innovation, and strong cloud growth. The company is expected to sustain momentum and further embed AI into its ecosystem, despite potential volatility in the near term.

Alphabet Inc. (NASDAQ: GOOGL) is a leading American multinational technology conglomerate, owning Google and other businesses. While GOOGL shows investment potential, other AI stocks may offer greater upside with less downside risk. Investors seeking undervalued AI stocks can explore opportunities beyond Google.

Read more at Yahoo Finance: Analysts Turn More Bullish on Alphabet (GOOGL) After Favorable Antitrust Ruling