Google’s Stock Fell on Its Best I/O in Years. Here’s Why BofA Is Still Buying – Decrypt

May 20, 2026 - 19:15
Google’s Stock Fell on Its Best I/O in Years. Here’s Why BofA Is Still Buying – Decrypt
In brief Bank of America reiterates a “buy” on Alphabet with a $430 target—10.9% upside from $387.66. The analysts cite AI Overviews at 2.5 billion users, AI Mode at 1 billion, and Gemini doubling from 400 million to 900 million monthly active users in a year. The report has some nuance: the stock fell 2%...

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