Evercore ISI Raises Google Stock Price Target to $450
Investment banking firm Evercore ISI has raised its price target for Google (GOOGL) stock from $420 to $450, citing significant upside potential despite market concerns over the company's increased AI spending. Senior Managing Director Mark Mahaney urged institutional clients to accumulate the stock, noting that the new target represents a potential 32% return on investment from current levels.
Summaries are written by AI from the original article. Not investment advice.