Is Alphabet's stock price poised for growth after Deutsche Bank's price target upgrade?

**Alphabet's stock price is likely to experience growth**, as indicated by Deutsche Bank's recent price target upgrade. Here's the analysis to support this conclusion:

1. **Price Target Increase**: Deutsche Bank has adjusted Alphabet's price target to $215 from $200, which represents a clear indication of the bank's positive outlook on the stock. This increase reflects Deutsche Bank's confidence in Alphabet's performance and potential for growth.
2. **Buy Rating Maintained**: Along with the price target upgrade, Deutsche Bank has maintained its "Buy" rating for Alphabet. This rating is consistent with the bank's positive view on the stock and suggests that they believe Alphabet's stock price has room to grow from its current level.
3. **Strong Financial Performance**: Alphabet's recent financial performance has been robust, with stronger-than-expected second-quarter results. The company's revenue jumped by 14% year-over-year, which is higher than the 10.9% Wall Street expected. This strong performance supports the notion that Alphabet's stock price could be poised for growth.
4. **Positive Analyst Sentiment**: The sentiment among analysts is largely positive, with several analysts raising their price targets following Alphabet's earnings report. For instance, JMP Securities raised its price target to $225, citing strong AI-driven results. Similarly, Evercore ISI increased its price target to $240.00, citing strong second-quarter earnings per share results. These increases in price targets reflect a broader consensus among analysts that Alphabet's stock price has the potential to grow.
5. **Market Reaction**: The market has reacted positively to Alphabet's earnings report, with the stock price rising over 3% in pre-market trading following the release of results. This positive market reaction is a clear indication that investors are optimistic about Alphabet's future performance and potential for stock price growth.

In conclusion, Deutsche Bank's price target upgrade, combined with the strong financial performance of Alphabet and the positive sentiment among analysts, suggests that Alphabet's stock price is poised for growth.