Stifel Sees GOOGL, META Benefitting from TikTok Ban
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Stifel analysts predict that Alphabet (GOOGL) and Meta (META) will benefit from a potential TikTok ban, with GOOGL's price target raised to $225.
January 13, 2025 | 4:00 pm
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POSITIVE IMPACT
Stifel analysts suggest Alphabet (GOOGL) will benefit from a TikTok ban, raising its price target to $225.
Stifel's analysis indicates that a TikTok ban would lead to increased digital ad spending on platforms like Alphabet's. The raised price target reflects this anticipated growth.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Meta (META) is expected to benefit from a TikTok ban as advertisers may shift their spending to its platforms.
With a potential TikTok ban, advertisers might redirect their budgets to Meta's platforms, boosting its ad revenue.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80