Posted 3/22/2024, 3:12:00 PM
Google Stock Price Target Raised on AI Momentum and Improving Sentiment
- Google stock price target raised to $175 from $160 by Wedbush analysts due to improving investor sentiment
- Google has underperformed big tech peers Microsoft and Amazon in 2023 stock growth so far
- Rumors of Apple licensing Google's AI model Gemini for iPhones
- Wedbush analysts believe risks to Google Search are overstated and view Alphabet as an AI beneficiary
- Google stock trading near 50-day moving average and 4% below $153.78 entry point
