1 Wall Street Analyst Thinks Alphabet Stock Is Going to $200. Is It a Buy?

The company's profits are exploding as Google rolls out AI features across its products.Shares of Alphabet (GOOG -3.33%) (GOOGL -3.37%) surged to new highs following its first-quarter earnings report. The company posted double-digit growth in revenue and earnings, driven by Search, YouTube, and Cloud. Alphabet also announced its first quarterly dividend of $0.20 per share and a new$70 billion share repurchase plan.JPMorgan was one of several analysts raising their price targets. The firm upped its price ta ...