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Wells Fargo predicts 40% surge for Alphabet as Google leads AI race
Wells Fargo analysts predict Alphabet's stock will surge 40%, citing Google's strong positioning as a frontrunner in the artificial intelligence race. The bank sees significant room for growth as AI competition intensifies across the tech sector. This represents one of the more bullish forecasts for Alphabet currently circulating on Wall Street.
Alphabet has room to run due to Google being well positioned to emerge as a frontrunner in the artificial intelligence race, according to Wells Fargo.