Alphabet Inc. (NASDAQ:GOOGL) is one of the Best Quantum Computing Stocks to Buy and Hold for 5 Years. On October 2, Morgan Stanley lifted the price target on the company’s stock to $270 from $210, while keeping an “Overweight” rating, as reported by The Fly. As per the firm, Alphabet Inc. (NASDAQ:GOOGL)’s shares have moved from doubt to leadership in the AI race. The analyst believes that as the pace of innovation ramped up, the DOJ remedy was even more benign than bulls expected. Furthermore, the analyst added that amidst growing positive GenAI adoption signals throughout multiple business lines, the tone of investor discussions has quickly shifted.
Morgan Stanley Raises PT on Alphabet (GOOGL) Stock
The firm believes that Alphabet Inc. (NASDAQ:GOOGL) has become an AI Winner, which it thinks is right. Moving forward, the earnings revisions will be crucial. The firm will be focused on upward revisions, mainly in Search and GCP, hinting at faster search as well as cloud growth from Gen AI. Willow, Alphabet Inc. (NASDAQ:GOOGL)’s latest quantum chip, has state-of-the-art performance throughout a number of metrics, enabling 2 major achievements. First, Willow is capable of reducing errors exponentially as it scales up using more qubits. Second, Willow performed a standard benchmark computation in under 5 minutes, which would have taken one of today’s fastest supercomputers 10 septillion years.
SaltLight Capital, an investment management company, released its Q2 2025 investor letter. Here is what the fund said:
[SRC] https://finance.yahoo.com/news/morgan-stanley-raises-pt-alphabet-211550058.html
