GOOGL - ANALYST TURNS BULLISH ON ALPHABET Phillip Securities upgrades GOOGL to Accumulate but lowers its price target to $425 (from $450). T

GOOGL - ANALYST TURNS BULLISH ON ALPHABET Phillip Securities upgrades GOOGL to Accumulate but lowers its price target to $425 (from $450). The firm cites strong ad growth, rapid cloud AI expansion, and confidence in Alphabet's long-term AI strategy. While heavy AI spending pressured free cash flow, Phillip Securities expects those investments to drive stronger future growth.