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  • xxchicagobadboyxx xxchicagobadboyxx Nov 21, 2007 1:51 PM Flag

    xxchicagobadboyxx's posts

    Google "buy," target price raised

    Friday, October 19, 2007 2:02:38 PM ET
    American Technology Research

    NEW YORK, October 19 (newratings.com) - Analysts at American Technology Research reiterate their "buy" rating on Google Inc (GOOG.NAS). The target price has been raised from $685 to $815.

    http://www.newratings.com/analyst_news/article_1634154.html

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    • Google 3Q profits jump 46%

      Friday, October 19, 2007 1:27:07 AM ET
      newratings.com

      NEW YORK, October 19 (newratings.com) - Google Inc (GOOG.NAS) Thursday announced a 46% jump in its quarterly profits, beating the average expectations of the Wall Street analysts.

      The Mountain View, California-based company said its net income in the three months ended September 30 rose to $1.07 billion, or $3.38 per share, from $733.4 million, or $2.36 per share, in the year-ago quarter. Excluding the stock option expenses and other onetime costs, Google would have earned $3.91 per share in the third quarter. The company�s revenues climbed 57% to $4.23 billion, from $2.67 billion in the same period a year earlier. Google's strong third-quarter results come amid news that the company is fastening its grip on the lucrative online search market. According to data released on Thursday by ComScore Inc, Google�s share of the online search market rose from 56.5% in August to 57% in September.

      Google accelerated its hiring efforts in the latest quarter, adding 2,130 workers to end the period with 15,916 employees. In recent weeks, the company has increased its initiatives to sell ads on cell phones and is expected to unveil an operating system for mobile phones shortly. Google has also introduced two new initiatives with an aim to cash in on the popularity of YouTube. The company�s share price rose $3.88 to $643.50 in after-hours trade on the NASDAQ on Thursday, after gaining $6.14, or 0.97%, to close at $639.62.

      http://www.newratings.com/analyst_news/article_1633306.html

    • Google "outperform," target price raised

      Friday, October 19, 2007 1:52:11 PM ET
      RBC Capital Markets

      NEW YORK, October 19 (newratings.com) - Analysts at RBC Capital Markets reiterate their "outperform" rating on Google Inc (GOOG.NAS). The target price has been raised from $690 to $725.

      http://www.newratings.com/analyst_news/article_1634148.html

    • Google "buy," target price raised

      Friday, October 19, 2007 12:10:06 PM ET
      Citigroup

      NEW YORK, October 19 (newratings.com) - Analysts at Citigroup reiterate their "buy" rating on Google Inc (GOOG.NAS). The target price has been raised from $600 to $775.

      http://www.newratings.com/analyst_news/article_1634099.html

    • Google "buy," target price raised

      Friday, October 19, 2007 11:23:10 AM ET
      Nollenberger Capital

      NEW YORK, October 19 (newratings.com) - Analysts at Nollenberger Capital Partners reiterate their "buy" rating on Google Inc (GOOG.NAS). The target price has been raised from $650 to $720.

      http://www.newratings.com/analyst_news/article_1634071.html

    • US | NASDAQ | Google quote - chart - all headlines - investor relations - analyst actions - add to watchlist - current ratings
      NASDAQ: GOOG.NAS at 1.45PM ET $662.00 +13.46 (+2.08%)


      Google "buy," target price raised - update

      Friday, October 19, 2007 11:50:02 AM ET
      Cantor Fitzgerald

      NEW YORK, October 19 (newratings.com) - Analyst Derek Brown of Cantor Fitzgerald reiterates his "buy" rating on Google Inc (GOOG.NAS), while raising his estimates for the company. The target price has been raised from $650 to $750.

      In a research note published this morning, the analyst mentions that the company has posted robust 3Q07 results, with net revenues, EBITDA and pro forma EPS ahead of the estimates. Google�s results reflect the view that the company seems to be gaining substantial share of the rapidly expanding online ad market, the analysts say. The EPS estimates for FY07 and FY08 have been raised from $15.11 to $15.47 and from $19.45 to $20.03, respectively.


      http://www.newratings.com/analyst_news/article_1634089.html

      • 1 Reply to xxchicagobadboyxx
      • On Nov 21st, when Google was trading at 650, I posted this statement by Cantor Fitzgerald, which bears restating as Google is now at $692, just so you all realize the timeliness of the recommendations.

        Google "buy," target price raised - update

        Friday, October 19, 2007 11:50:02 AM ET
        Cantor Fitzgerald

        NEW YORK, October 19 (newratings.com) - Analyst Derek Brown of Cantor Fitzgerald reiterates his "buy" rating on Google Inc (GOOG.NAS), while raising his estimates for the company. The target price has been raised from $650 to $750.

        In a research note published this morning, the analyst mentions that the company has posted robust 3Q07 results, with net revenues, EBITDA and pro forma EPS ahead of the estimates. Google�s results reflect the view that the company seems to be gaining substantial share of the rapidly expanding online ad market, the analysts say. The EPS estimates for FY07 and FY08 have been raised from $15.11 to $15.47 and from $19.45 to $20.03, respectively.

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