Wedbush Raises PT on Alphabet Inc. (GOOGL) to $350 From $320, Keeps an Outperform Rating

Alphabet Inc. (NASDAQ:GOOGL) is 1 of the most wide held stocks by hedge funds successful 2025. On December 19, Wedbush expert Scott Devitt lifted the terms people connected Alphabet Inc. (NASDAQ:GOOGL) to $350 from $320 portion maintaining an Outperform standing connected the stock. The steadfast told investors that user net companies delivered coagulated returns successful the year, averaging 23% crossed 24 covered companies compared to 19% for the NASDAQ. Wedbush expects show to diverge successful 2026, with investors taking into relationship factors specified arsenic the rising adoption of agentic AI, AI monetization, ongoing concern cycles, and AV disruption.

Alphabet Inc. (NASDAQ:GOOGL) besides received a standing update from Bank of America Securities expert Justin Post connected December 18, who reiterated a Buy standing connected the banal and acceptable a terms people of $335.00.

In a abstracted development, Alphabet Inc. (NASDAQ:GOOGL) reported connected December 9 that Google Cloud announced that the Chief Digital and Artificial Intelligence Office (CDAO) selected its Gemini for Government arsenic the archetypal endeavor AI deployed successful the U.S. Department of War (DoW)’s GenAI.mil to 3 cardinal civilian and subject personnel.

Gemini for Government is an AI-optimized, enterprise-grade level uniting industry-leading AI models,  best of Google’s FedRAMP High and DoW Impact Level 5 (IL5) authorized commercialized cloud, and agentic solutions that enactment the unclassified concern processes of authorities agencies.

Alphabet Inc. (NASDAQ:GOOGL) is simply a holding institution with segments including Google Services, Google Cloud, and Other Bets. The Google Services conception operates assorted services and products, including Android, Google Maps, Google Play, Chrome, Search, and YouTube.

While we admit the imaginable of GOOGL arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.