I’ve increased my position in GOOG stock following BMO Capital’s recent upgrade. The firm raised its price target to $343 while maintaining an “Outperform” rating, reflecting strong confidence in Google Cloud’s growth trajectory and long-term AI monetization potential. Insights from former AWS employees—one with direct visibility into $4.7B+ of annual cloud spending—highlight accelerated cloud adoption. BMO subsequently revised its growth estimates for Google Cloud to 39–40%, up from 38%. This reinforces Google’s leadership in cloud and AI, making it a compelling long-term investment in both innovation and revenue growth.
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- RAJOO BHAI·01-02 23:13me tooLikeReport