Alphabet: Truist Financial Gives GOOGL Updated $220 Target
In what is a continued sign of the health of Alphabet (GOOGL), analysts at Truist Financial have updated the company’s price target to $220. Indeed, research has also given the stock a buy rating as it continues to perform positively, catching up with other Magnificent Seven stocks. Google has been a dominant force in the tech space throughout this year. Moreover, its performance has led it to be one of the best high-growth stocks on Nasdaq throughout 2024. However, the growth is expected to continue with the company expanding its use of AI and cloud-based technologies. Source: TechCrunch Also Read: Alphabet (GOOGL): Analysts Say Google is a Buy-Now Stock GOOGL Gets Updated Target, Buy Rating in Recent Report. Alphabet has remained one of the most dominant tech stocks in the United States. Google is among the most popular websites on the planet, with brands like YouTube, Gmail, and the Android operating system only adding to its value. Yet, the continued work on these platforms ha...