GOOGL Should I Buy

Morgan Stanley raised the firm's price target on Alphabet to $415 from $375 and keeps an Overweight rating on the shares. Alphabet shares have fallen 10% over the past month, notes the firm, which argues fundamentals and visibility into 2027 and 2028 are improving, creating "a tactical buying opportunity for one of the best positioned AI companies around." The firm sees Alphabet adding 9 GW of compute capacity in 2028 and selling 4 GW of TPU on a first-party basis, adding that it now sees over $300B of of revenue and $19 of EPS in 2028.