Alphabet Stock Has 24% Upside, According to 1 Wall Street Analyst

The past year has made a couple of things crystal clear. First, just because a company is big doesn't mean it can't get bigger. Second, those businesses at the cutting edge of artificial intelligence (AI) could have much further to run -- but it won't necessarily be in a straight line.

On March 4, analysts at JPMorgan reaffirmed their overweight (buy) rating on (NASDAQ: GOOGL) (NASDAQ: GOOG) stock while maintaining a $165 price target. The company is already one of the largest in terms of market cap, yet this suggests a potential upside of roughly 24% over the coming year as of market close on Monday.

Image source: Getty Images.

Continue reading


Source Fool.com