Wall Street is optimistic ahead of Google 's quarterly earnings announcement Tuesday as the tech giant's advertising revenue growth shows signs of recovery. Google has remained more under-the-radar compared with some of the other FAANG names. Nonetheless, it is a top name in the AI arms race. It has invested heavily in generative artificial intelligence throughout the year, such as through its Bard AI platform , its competitor to ChatGPT.
mountain Google shares have outperformed in 2023 Deutsche Bank ticks up price target Deutsche maintained its buy rating on shares, while raising its price target by $5 to $145. The new price target implies nearly 7% upside potential from Monday's close. According to the firm, ad checks indicate that Google's Search segment "remains resilient.