"Analyst Raises Google Stock Price Target Amid Positive Investor Sentiment and AI Collaboration Speculation"

Analysts have revisited their opinions and updated stock price targets for Google's parent company, Alphabet, amid concerns that artificial intelligence (AI) could reshape the search market. Despite the availability of AI solutions like OpenAI's ChatGPT and Microsoft's Bing, Google's search dominance remains intact, with its market share holding steady at nearly 92%. Analysts at Wedbush Securities believe that fears of a structural shift in search away from Google are overblown and have increased their stock price target for Alphabet to $175, citing ample monetization opportunities from AI and the potential for significant revenue through licensing its AI to other companies, such as Apple.