Alphabet stock forecast sentiment strengthened after upgrades
Alphabet stock forecast sentiment strengthened after upgrades from major Wall Street firms, with consensus price targets converging around $170 despite soft tech market breadth. Meta is leaning on artificial intelligence to boost engagement and advertising outcomes across its industry-leading portfolio of social media properties. Alphabet's heavy AI spending is translating into steady double-digit growth. Alphabet stock forecast aligns with industry projections of continued AI-driven product launches in 2024, expected to boost user engagement and premium ad conversion rates above 3.6%.
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