Alphabet Inc. (NASDAQ:GOOGL) is in the spotlight for AI investors as Piper Sandler raises its price target to $365.00, citing positive outlook on revenue impact from AI ad tools. Google’s Performance Max and Gemini models drive incremental revenue for the company.

Google’s Performance Max (PMax) is an AI-powered campaign in Google Ads, while Gemini is Google’s family of advanced AI models. Piper Sandler’s AD buyer survey shows Google’s strong return on investment and Search’s share of digital budgets increasing.

Alphabet Inc. (NASDAQ:GOOGL) is an American multinational technology conglomerate, owning Google and other businesses. While GOOGL shows promise as an investment, some AI stocks may offer greater upside potential with less downside risk. Explore undervalued AI stocks in a free report for potential opportunities.

Read more at Yahoo Finance: Alphabet (GOOGL) Gets PT Boost From Piper Sandler on AI Ad Momentum