UPDATE: Goldman Sachs Maintains Neutral, Raises PT to 685 on Google

Goldman Sachs reiterates its Neutral rating on Google

and raises its price target to $685 from $660 as it reflects upon the latest global query share update. Goldman Sachs commons, "comScore released global query data for the month of November last week. Google again topped the list with query volume of 125.2 bn for 68.6% share, down 20 bp mom and up 270 bp yoy, continuing last month's share gain. ...Queries on Google sites are up 26% yoy QTD compared to 23% yoy growth last quarter and 18% yoy growth in 2Q2011. As such, Google's core search business has the potential to post better than expected results in the December quarter." GOOG closed at $640.25 per share on Tuesday.