Google to benefit from holiday eCommerce trends, says Jefferies

theflyonthewall.com

Jefferies says its proprietary Product Listing Ad checks confirm that more advertisers are running more ads than ever in both the U.S. and the UK. The firm believes Google is well positioned to benefit from solid eCommerce trends during the holiday shopping season and reiterates a Buy rating on the stock with a $1,150 price target.

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