After watching I/O, look at this rating; the logic is now complete.

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BlockBeatNews
Bank of America maintains an "Buy" rating on Alphabet, with a target price of $430.
BlockBeats News, May 21 — Despite Google experiencing its best I/O developer conference in recent years, the stock price fell 2% on the same day, and Bank of America maintained its “Buy” rating. Bank of America analysts Justin Post and Nitin Bansal, in a research report released on May 20, reaffirmed a “Buy” rating for Alphabet, with a target price of $430 — about 10.9% upside from the current price of $387.66. The analysts’ conclusion is: “Google is no longer in the chasing stage; the Search and agentic announcements demonstrate a wave of leading product innovation.”




The bullish argument is based on three user metrics disclosed by Google at I/O: the top of search results in Search.
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