"Stifel analyst Jordan Rohan slightly lowered his estimates for Google and predicted that it would report weaker than expected first quarter results. Search engine marketing firm IgnitionOne believes that spending on Google's search engine dropped 1% in the first quarter of the year, versus the same period in 2012, Rohan reported."
Where does it say Jordan Rohan lowered his estimates?
"Google (NASDAQ: GOOG) search spending declined 1 percent year-over-year in the first quarter, thinks analyst Jordan Rohan of Stifel Nicolaus, citing data from Ignition One. The decline isn't indicative of the broader Google ecosystem, as Android and YouTube continue to grow, but Rohan raised concerns about the possibility of an earnings miss, which he says "hasn't been factors into investor psyche." He thinks shares of Google will be volatile heading into earnings".
"Meanwhile, on the whole analysts continue to raise Google's price target. This morning, Credit Suisse raised Google's price target to $982. This is just shy of Bernstein's Street-high $1000 target".