Cantor Raises Price Target on Google, Inc.

In a note released earlier today Cantor Fitzgerald reiterated a Buy on Google, Inc. and raised that 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." The added, "Google remains one of the best plays on global online advertising growth." Shares of Google are up about three percent in today's session following the release of both its second quarter results after the market close yesterday and the Cantor note this morning.