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Alphabet's Blockbuster Results Highlight Its Transition From AI Laggard To Going 'On The Offensive': 11 Analysts Revise Forecasts After Q1 Results

Benzinga ·  Apr 27 02:02

Alphabet Inc(NASDAQ:GOOG) (NASDAQ:GOOGL) shares were climbing on Friday after the company reported its first-quarter results amid a lot of hype around the AI revolution.

The results came amid an exciting earnings season. Here are some key analyst takeaways from the release.

Goldman Sachs On Alphabet

AnalystEric Sheridanreiterated a Buy rating while raising the price target from $185 to $195.

Alphabet's first-quarter results reflected higher-than-expected revenues from Search and YouTube, "as Google's broader ad ecosystem benefited from a strong end demand environment and continued to demonstrate product innovation with Performance Max and...

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