MoffetNathanson lifts Alphabet's PT on GenAI opportunities

MoffetNathanson raises Alphabet GOOGL.O PT to $295 from $230, representing a 19.4% upside on stock's last close

Says that with regulatory uncertainty behind it, investor focus has shifted back to Alphabet’s products

"Alphabet emerges as one of the net winners in the AI race and remains the best-positioned company to monetize and scale GenAI opportunities," says brokerage

52 of 64 brokerages rate the stock "buy" or higher and 12 "hold"; their median PT is $230 - according to data compiled by LSEG

Including session moves, shares up about 28% YTD