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Goldman Sachs Raises Google (GOOG) Price Target, Sees 18% Upside

October 8, 2010 7:26 AM EDT Send to a Friend
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Price: $536.10 --0%

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    44 Buy, 13 Hold, 1 Sell

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Goldman Sachs raised its 6-month price target on Google (Nasdaq: GOOG) from $600 to $625, while maintaining a Buy rating.

The firm said they see "near-term revenue and stock price upside due to monetization initiatives (pre- and post-Instant)."

Shares of GOOG closed at $530 yesterday, providing 18% upside to the firm's new price target.




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