In a report published Friday, Cantor Fitzgerald initiated coverage on Google GOOG with a Buy rating and $830.00 price target.
Cantor Fitzgerald noted, “We're initiating coverage of Google with a BUY rating and $830 PT. Google is the world's dominant search engine with over 75% of search budgets in the U.S. alone. While the vast majority of revenues come from Search, a segment that's still growing double digits for the company, Google remains at the forefront of innovation and, as such, has made great strides in display and mobile, two multi-billion dollar segments where we believe the company will dominate over time.”
Google closed on Thursday at $718.28.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in