Several financial analysts have recently updated their price targets and ratings for Alphabet Inc. (GOOGL), reflecting optimism about the company's growth prospects driven by its generative AI initiatives. TD Cowen reiterated a Buy rating with a price target of $195, highlighting the broad rollout of Google's AI Mode, which is expected to increase user engagement and enhance resilience in Google Search despite competition from chatbots and macroeconomic challenges. Oppenheimer raised its price target to $220 from $200, citing consumer adoption of AI Mode and favorable valuation metrics, including a 6.2x 2025E EBITDA multiple that accounts for AI-related risks. JPMorgan also increased its price target to $200 from $195 and maintained an Overweight rating, attributing the revision to improved channel checks and favorable currency movements. Meanwhile, Citizens JMP reiterated a Market Outperform rating on Reddit (RDDT) with a $180 price target, noting decelerating engagement trends but recognizing potential SEO tailwinds from Google's AI advancements. Alphabet's stock has recently reached its highest levels since February 21, 2025, trading approximately 14% below its all-time highs. Some market participants suggest a near-term bear case price around $200 for Alphabet shares.