Mizuho Picks Meta as Top Internet Stock, Backs Alphabet With Buy Rating
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Mizuho has initiated coverage of Meta Platforms and Alphabet with Buy ratings, naming Meta as its top long-term internet stock. Analyst Lloyd Walmsley set a $925 price target for Meta, citing strong ad revenue growth and future monetization opportunities. Alphabet received a $295 price target, benefiting from AI-driven advertising and cloud computing. Both companies are viewed positively by Wall Street, with Meta showing an 18% upside and Alphabet near fair value according to consensus estimates.
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