Alphabet Inc. (NASDAQ:GOOGL) is one of the AI Stocks You Should Not Ignore. On September 15, Citi reiterated the stock as “Buy” and raised its price target on the stock to $280 per share from $225.
In an investor note, the firm stated that the company will introduce new products faster driven by greater regulatory clarity and that the online advertising market remains healthy.
The firm also anticipates Gemini adoption across Google’s advertising and cloud businesses to accelerate.
“Given our view that Google’s product velocity is ramping amid greater clarity around its legal and regulatory challenges in what we believe is a relatively healthy online advertising market (particularly for performance-based networks), we are raising our projections and TP on shares of Google to $280.”
Alphabet Inc. (NASDAQ:GOOGL) is an American multinational technology conglomerate holding company wholly owning the internet giant Google, amongst other businesses.
While we acknowledge the potential of GOOGL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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