GOOG to $2000/Share? Analyst Presents Case

Yesterday's upgrade note on Google (Nasdaq: GOOG) from the analyst at Caris is getting some buzz and airtime today. In the note, the firm said they believe GOOG's addressable market could reach $100 billion annually over time ---- $100 billion in sales with a 6.2x EV/Sales valuation would equal a market cap $620 billion, which would imply a $2000 price. They said this is not an official price target. NOTE: FWIW - This report and the media frenzy on the stock have a real scary 'bubble' feel to them.

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