Filed under: Analyst reports, Google (GOOG), Yahoo! (YHOO), Apple Inc (AAPL), Smartphones, AOL (AOL)

As I write this, Google Inc. (GOOG) shares are trading at $600.25, up 1.2%. Google stock has been on fire, up 95% year-to-date, and analysts seem to just keep pumping it up.

Just Monday, Jefferies & Co. analyst Youssef Squali upped Google’s share price target to $695. His reasoning has mostly to do with Google’s search business. He sees rising cost per click due to strong demand in the U.S. and Europe; increases reported by Yahoo! (YHOO) and AOL (AOL) of their revenue per search and CPM that Google would also experience; and expected growth in on the internet ad prices due to e-commerce growth.

Continue reading Google passes the $600 mark

Google passes the $600 mark originally appeared on BloggingStocks on Wed, 16 Dec 2009 13:20:00 EST. Please see our terms for use of feeds.

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This entry was posted on Thursday, December 17th, 2009 at 4:55 am and is filed under Stocks News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.