JPMorgan Lifts Alphabet Target to $395 After Strong Search and Cloud Momentum
JPMorgan raised its price target on Alphabet to $395 from $385 while keeping an Overweight rating after the company reported robust fourth-quarter results. The update follows strong year-over-year revenue gains led by Search and Google Cloud, a materially larger 2026 capital expenditure outlook and a substantial Cloud backlog, all supported by a ca…