Morgan Stanley Upgrades Google (GOOG) to Overweight, $775 Target

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Morgan Stanley upgraded Google (NASDAQ: GOOG) from Equalweight to Overweight with a price target of $775.00.

The firm said the stock trades at a 25 percent discount to the online ad sector and sees U.S. and U.K. businesses growing at 11% CAGR from 2013-2016.

For an analyst ratings summary and ratings history on Google click here. For more ratings news on Google click here.

Shares of Google closed at $642.00 yesterday, with a 52 week range of $480.60-$670.25.

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