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Cantor Raises Price Target On Google

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In a note released Friday, Cantor Fitzgerald reiterated a Buy on Google (NASDAQ: GOOG) (NASDAQ: GOOGL) and raised the price target from $630 to $650.

The analysts at Cantor wrote, "We believe Google continues to gain share both in Search and Display, fueled by its own sites, which is impressive considering its leading position in both segments... Google remains one of the best plays on global online advertising growth."

Shares of Google are up more than three percent.

Latest Ratings for GOOG

DateFirmActionFromTo
Mar 2015AxiomInitiates Coverage onHold
Jan 2015JMP SecuritiesMaintainsMarket Outperform
Jan 2015Societe GeneraleInitiates Coverage onBuy

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Posted-In: Cantor FitzgeraldAnalyst Color News Price Target Reiteration Analyst Ratings

 

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