BUZZ-Melius Research raises PT for Alphabet on cloud growth
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Brokerage Melius Research has raised its price target for Alphabet (GOOGL) from $305 to $350, reflecting an 11% premium over the stock's last close. The increase is driven by growth in the Gemini search platform and significant upward revisions in cloud revenue estimates, despite a long-term deceleration in search growth. Currently, 53 of 62 brokerages recommend a 'buy' or higher rating for the stock, which has a median price target of $327.5. GOOGL's stock has risen 65.4% in 2025.
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