Alphabet stock today: GOOGL slips in premarket even after a $385 price-target hike
Alphabet Class A shares fell 0.3% to $313 in early U.S. premarket trading Friday, valuing the company at $2.94 trillion. Citizens raised its price target to $385, citing gains from AI-powered search features. Analysts expect Alphabet’s earnings growth to slow in 2026 as capital spending rises nearly 29% to $114 billion. Investors await U.S. economic data later Friday and next week’s jobs report for signals on Fed policy.