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Stock impact report

5 big analyst AI moves: Google upgraded, 4 software names cut on AI risks [Yahoo! Finance]

monday.com Ltd. - Ordinary Shares (MNDY) 
Company Research Source: Yahoo! Finance
Wells Fargo upgraded Alphabet (NASDAQ:GOOGL) to Overweight on Monday, saying the company is well placed to lead the next wave of artificial intelligence due to its strengths in data, distribution and computing scale. Analyst Ken Gawrelski said Google demonstrates “leadership in 3 key traits of AI winner: customer data, distribution and compute capacity.” He lifted its price target to $387 from $354. The broker's updated capacity work supports the more bullish stance. Wells Fargo said its Project Google model shows compute capacity “expands to 35GW by 2028 from 15GW at YE25,” adding the company is extending “its capacity lead relative to the hyperscaler peer group.” As long as hyperscaler ambitions remain “bounded by compute capacity,” Google can build a durable advantage across cloud, search and emerging agentic AI offerings, Gawrelski said. Wells Fargo also sharply increased its Google Cloud Platform (GCP) outlook. It now forecasts 2026 GCP revenue growth of 60% year over ye Show less Read more
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