Jan. 13 at 11:11 PM
$GOOG $GOOGL - BofA raised the firms price target to
$370 from
$335 and keeps a Buy rating on the shares after Apple (AAPL) and Google entered into a multi-year collaboration under which the next generation of Apple Foundation Models will be based on Googles Gemini models and cloud technology. In addition, Google and Walmart (WMT) announced a partnership on Sunday at NRF that will bring Walmart inventory to the Gemini app using Googles Universal Shopping Protocol, notes the analyst.
TD Cowen analyst John Blackledge raised the firms price target to
$355 from
$350 and keeps a Buy rating on the shares. The firm adjusted the price target following its advertising buyer survey as part of a Q4 preview. Google Search offers the highest return on investment and best measurement, the analyst tells investors in a research note. .
$QQQ
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