Goldman Sachs Lowers Google's (GOOG) Price Target To $560

April 1, 2008 9:00 AM EDT
Goldman Sachs lowers Google's (GOOG) price target from $600 to $560. Goldman lowered Google's price target and estimates citing the tough macro environment. Google is still maintaining its Buy rating on Google.

When Google's stock was going up, every analyst kept increasing their price targets and then GOOG crashed. With price targets being lowered maybe it's time to do opposite and pick up some Google? [JT]

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