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  • xxchicagobadboyxx xxchicagobadboyxx Nov 21, 2007 1:48 PM Flag

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    Google "buy," target price raised

    Monday, October 22, 2007 1:33:26 PM ET

    NEW YORK, October 22 ( - Analysts at UBS maintain their "buy" rating on Google Inc (GOOG.NAS). The 12-month target price has been raised from $655 to $760.

    In a research note published this morning, the analysts mention that the company has reported its 3Q07 results ahead of expectations. The upward revision in the target price reflects Google�s accelerating revenue growth and increased confidence in the company�s ability to execute, the analysts say.

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