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Analyst Names Alphabet Top Pick Ahead Of Cloud Next 2026 - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL

JPMorgan said Google Cloud’s backlog jumped 160% to $240 billion and modeled operating margins of 27.9% in 2026.

Summary by Benzinga
JPMorgan analyst Doug Anmuth reiterated an Overweight rating and a $395 price forecast for Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) in a Monday research note. The firm named the tech giant a “Top Pick” just days before the Google Cloud Next event in Las Vegas. Cloud Growth Takes Center Stage Anmuth highlighted Google Cloud’s rising importance to Alphabet’s bottom line. The segment is now the company’s second-largest business. JPMorgan expects …

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Seeking Alpha broke the news in United States on Monday, April 20, 2026.
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