Wedbush ups Alphabet target to $245 amid lower risks

Wedbush has raised its stock price target for Alphabet to \$245, citing reduced regulatory risks as a key factor behind the upgrade. The brokerage believes that Alphabet’s strong fundamentals, diversified revenue streams, and improved clarity around antitrust challenges support a more optimistic outlook for the tech giant.

Alphabet has been navigating regulatory pressures for years, particularly in the areas of digital advertising and competition. However, recent developments have eased some of those concerns, allowing analysts to refocus on the company’s growth potential in core businesses like Google Search, YouTube, and cloud services. This renewed confidence is reflected in Wedbush’s revised target.

Investors are closely watching Alphabet as it continues to invest heavily in artificial intelligence and cloud infrastructure. With regulatory risks appearing less severe, the company is well-positioned to strengthen its dominance in the tech sector. Market experts suggest that Alphabet’s long-term value creation remains strong, making it an attractive option for investors seeking stability and growth.