Alphabet edges up, Scotiabank raises PT on advertising recovery
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** Alphabet GOOG shares up 0.8% at $253.56 premarket
** Scotiabank raises PT to $310 from $240, representing ~24% upside to stock's last close
** "Alphabet's latest quarter showed a clear recovery in its bread-and-butter advertising business" - brokerage
** Google is carving out a solid niche, especially with customers who want multi-cloud or who favor its AI leadership, Scotiabank says
** Average rating of 67 analysts is "buy", median PT is $245 - data compiled by LSEG
** As of last close, shares up ~33% this year
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