Alphabet Inc. sees bullish price targets amid shifting institutional holdings

Alphabet Inc. is seeing varied activity from institutional investors and analysts. MassMutual Private Wealth & Trust FSB reduced its holdings in the company by 3.4% during the third quarter, leaving the firm with 206,291 shares valued at approximately $70.29 million.

In contrast, Cantor Fitzgerald has issued a bullish outlook for the company. Senior Equity Research Analyst Deepak Mathivanan reiterated an ‘Overweight’ rating, setting a price target of $420. The analyst cited Alphabet’s dominance in the AI value chain—including custom TPU chips, foundational models, and consumer platforms like Android and YouTube—as key drivers. The report also noted the rapid expansion of Gemini, which grew from 750 million to 950 million users within a year.