Google's I/O conference showcased numerous AI-powered innovations, bolstering investor confidence. New features include an expanded AI Mode chatbot, Deep Search with cited reports, Search Live using phone cameras, and next-gen shopping tools. Analyst Brian Nowak of Morgan Stanley reiterated a bullish outlook, assigning an Overweight rating and $185 price target, citing potential for increased engagement and monetization. The overall analyst consensus remains a Strong Buy, with an average price target of $197.69.

Prepared by Christopher Adams and reviewed by editorial team.