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Alphabet, Meta Platforms targets raised at Oppenheimer on GenAi tailwinds

April 8, 2024 12:28 PM EDT

Oppenheimer analysts raised their price targets for Alphabet (NASDAQ: GOOGL) and Meta Platforms (NASDAQ: META) in seperate notes Monday based on generative artificial intelligence tailwinds.

The firm lifted its GOOGL price target to $185 from $172, maintaining an Outperform rating on the stock. They told investors that... More