Google (GOOG) is reiterated a Buy with $1,000 price target at Jefferies ahead of the I/O...

|By:, SA News Editor

Google (GOOG) is reiterated a Buy with $1,000 price target at Jefferies ahead of the I/O Developers Conference kicking off today. Don't expect a repeat from last year, however, which included several key hardware launches (and the stock gaining 4% over 5 days). Instead, this year should focus on improvements to existing products and services. Shares +0.3% premarket.