Alphabet Inc's (NASDAQ:GOOGL) (NASDAQ:GOOG) innovation machine is revving up for 2025, and Wall Street has its eyes firmly set on the tech titan.
JPMorgan analyst Doug Anmuth is bullish on Alphabet'sGoogle, citing a flurry of advancements in generative AI, technical infrastructure, and autonomous driving as key growth drivers for the year ahead.
"Google's accelerated pace of innovation is very evident into the new year with many significant recent product announcements," says Anmuth, who reiterates his Overweight rating and sets a shared price target of $232 for both GOOG and GOOGL shares by December 2025—increase of almost 20%.
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