Wells Fargo Raises Google's Price Target Following AI Developments

Following Google's recent developer conference and strong Q1 earnings, Wells Fargo analyst Ken Gawrelski raised Alphabet’s stock price target to $435 from $427. The move reflects renewed confidence in the company's cloud monetization potential despite ongoing investor skepticism about translating AI investments into durable profits.

By Hillary Remy Thu, May 21, 2026 at 1:48 AM GMT+3 5 min read · Yahoo Finance · May 20, 2026, 22:48 UTC

Tickers: $GOOG $WFC

Topics: AI Cloud Computing Stock Analysis

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