Alphabet Stock Price Target Raised to $290 After AI Integration in Chrome
The raised price target for Alphabet reflects growing investor confidence in Google’s ability to anchor its AI ambitions within Chrome, a product with billions of users worldwide. By embedding AI tools directly into the browser, Google can bypass some of the distribution and adoption hurdles faced by standalone applications.
This move positions Chrome not only as an access point to the internet but as an AI workspace in its own right, with potential productivity, search, and enterprise applications.
From a market perspective, the shift signals that Google intends to leverage its dominant browser share as a springboard for AI engagement. Chrome commands more than 60 percent of global browser usage according to StatCounter, which gives…
