In a note released Friday, Credit Suisse analyst Stephen Ju increased his price target on Google GOOGL GOOG due to the company beating on both the top and bottom line in its second quarter of 2014.
In conjunction with this, Ju has maintained his Outperform rating on the stock.
Ju wrote, "We continue to believe Google is set to benefit from the pricing convergence between mobile and desktop on the back of products such as Enhanced Campaigns, App Indexing, and tools to help cross-device attribution."
Following Thursday's earnings beat and the note from Credit Suisse, Google shares are up 2.5 percent.
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