Kaufman Bros. Reinstates Coverage on Google (GOOG) with a Buy; Still More Room To Grow

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Kaufman Bros. reinstates coverage on Google (NASDAQ: GOOG) with a Buy rating and $640 price target.

Kaufman analyst says, "Believe stock is pressured due to: 1) concerns about Google's ability to sustain growth, 2) lack of investor understanding about technology initiatives and 3) regulatory concerns...Believe company will continue solid growth, due to strength in global display, international search and mobile."

To see all the upgrades/downgrades on shares of GOOG, visit our Analyst Ratings page.

Google Inc. maintains an index of Websites and other online content, and makes this information freely available through its search engine to anyone with an Internet connection.

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