KeyBanc analyst Justin Patterson raised Alphabet Inc. (NASDAQ:GOOGL) price target to $215.00 on July 17, while maintaining an Overweight rating. The firm predicts strong Q2 performance with revenue of $94.6 billion, led by Search, YouTube, and Cloud. Positive outlook on AI Mode, Waymo, and expense efficiencies expected.

KeyBanc also increased earnings per share estimates for GOOGL to $9.88 for 2025, $10.56 for 2026, and introduced a 2027 estimate of $12.25, all above Street consensus. Alphabet Inc. is a technology conglomerate holding company owning Google and other businesses. Despite potential, other AI stocks may offer greater upside potential and less downside risk.

Read more at Yahoo Finance: KeyBanc Raises Alphabet (GOOGL) Price Target to $215, Reaffirms ‘Overweight’