Google price target raised to $950 from $840 at RBC Capital

theflyonthewall.com

RBC Capital expects Google's earnings to increase at a compound annual growth rate of 17% from 2013-2015. The firm predicts that the company's CPC trends will improve in 2013, and it also expects the company to benefit from growing appreciation of YouTube and improving international trends. The firm identifies Google as one of its top three long stocks for 2013.

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