Weekly Recap | Alphabet +3.26%, closing in on record highs
Weekly Review·
- Alphabet stock rose 3.26% this week to close at 349.54 dollars, outperforming the S&P 500 by 3.34 percentage points.
- Key catalysts included Waymo's planned expansion to Singapore by 2028, multi-million dollar AI investments, and Tigress raising its target price to 485 dollars.
- Consensus among 62 institutions remains a strong buy with an average target price of 428.16 dollars, despite ongoing uncertainties regarding antitrust rulings and a Gemini security incident.