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Citi Adds Alphabet to Upside Catalyst Watchlist, Raises TP to USD405
15 Apr 2026 11:40
In its latest research report, Citi raised its 1Q26 results forecasts for Alphabet (GOOGL.US) based on positive online advertising survey results and demand for Google Cloud, citing that both revenue and earnings are likely to beat market expectations.

Citi added Alphabet to its 90-day upside catalyst watchlist, given several major Google events in the coming weeks, including Google Cloud Next, 1Q26 results, Google I/O, Google Marketing Live, and Brandcast. The broker reiterated a Buy rating on the company and raised its target price from USD390 to USD405.
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