Analysts Bullish on Alphabet Despite Antitrust Woes, Citing AI Potential

Analysts remain bullish on Alphabet stock (GOOGL) despite antitrust trial and macro uncertainty, citing AI opportunities.

Google unveiled new Pixel phones and watch powered by AI at its "Made by Google" event.

Analysts see Google as well-positioned to integrate AI into consumer and enterprise offerings.

Search market share remains stable despite ChatGPT launch; AI seen incrementally positive for ad revenue.

Wall Street consensus is a Strong Buy on GOOGL stock with average price target implying 7% upside.