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STOCKS | Wells Fargo Securities Sees Alphabet Shares Rising 18% to $435 on Google Cloud Demand

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2026-06-07 12:02:51
Wells Fargo Securities analyst Ken Gawrelski said Alphabet’s Google stock could reach $435, about 18% above its current price.

According to NS3.AI, Gawrelski attributed the target to enterprise demand for Google Cloud.

He also cited a $462 billion backlog as support for the price objective.
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