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Bank of America raised its stock target for Alphabet after strong earnings driven by cloud and ad growth.
Bank of America has revised its stock price target for Alphabet following the company’s latest earnings report, reflecting updated expectations based on recent financial performance and market conditions.
The adjustment comes amid growing investor interest in tech stocks and Alphabet’s strong showing in key revenue segments like cloud and digital advertising.
While the exact new target wasn’t disclosed, the move signals a more optimistic outlook on the company’s future growth potential.
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Bank of America elevó su objetivo de acciones para Alphabet después de fuertes ganancias impulsadas por el crecimiento de la nube y la publicidad.