Google (GOOGL) is trading up 0.39% at $316.38 following a positive start to the week, highlighted by Jefferies initiating coverage with a Buy rating and setting a $365 price target.
- The stock is benefiting from strong sector momentum, aligning with broader tech gains seen in Amazon (+3.0%) and Meta (+1.9%).
- Social media buzz remains focused on the significant growth potential of Gemini AI and the performance of Google Cloud.
- This positive analyst action follows Citizens recently setting an even higher price target of $385 for the stock.