GOOG stock price: Alphabet Class C rises after Wells Fargo upgrade puts AI capex back in spotlight
Alphabet Class C shares rose 0.3% to $315.87 Monday after Wells Fargo upgraded the stock and raised its target to $387, citing AI computing gains. The move came as tariffs imposed by President Trump weighed on broader market sentiment. Alphabet’s shares remain below their Feb. 3 high of $350.15. Investors await Nvidia’s earnings Wednesday for signals on AI demand.