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      KeyBanc Analysts Raise Alphabet Price Target Amid Cloud Growth

      Alphabet Inc. has experienced significant stock gains recently, but analysts at KeyBanc believe the market is not fully recognizing the growth potential of Google’s cloud division. Lead analyst Justin Patterson highlighted that the consensus estimates are falling short in acknowledging the rapid expansion of Google Cloud.

      In response to this assessment, KeyBanc has increased its price target for Alphabet shares from $370 to $380. The firm emphasizes that Google Cloud, which provides essential computing services for data storage and analysis, is a key driver of the company's future growth.

      The analysts' revised outlook reflects confidence in the cloud unit's ability to contribute to Alphabet's overall performance, suggesting that investors may be overlooking a critical aspect of the company's business model.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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