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

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.
Comments (4)
  • wigit5
    , contributor
    Comments (3968) | Send Message
     
    I think it's ironic that Google and not apple might be the one to actually reach 1000...
    15 May 2013, 08:38 AM Reply Like
  • chopchop0
    , contributor
    Comments (3138) | Send Message
     
    Until it doesn't and then all of the analysts rush in with downgrades LOL.
    15 May 2013, 08:44 AM Reply Like
  • wigit5
    , contributor
    Comments (3968) | Send Message
     
    well it'll crash to 400 before the downgrades come in but essentially yup ;)
    15 May 2013, 08:47 AM Reply Like
  • ChrisCDC
    , contributor
    Comments (336) | Send Message
     
    Google still makes mosts of their money from click ads on Google search. I don't like what Google has been doing with their search engine the last year. I will not buy the stock.

     

    1. Panda and Penguin updates have basically promoted the larger corporate sites to the top of the Google searches now. These are the sites spilling over with Adsense ads. This now is well documented in the SEO community based on search records and research. Many are using Bing now since Google's search results have become so unstable this last year.
    2. Google is now basically breaking it's own SEO rules by promoting false clicks with the new huge arrows in Adsense landscape ads. This has radically spiked their income since January, but viewers will quickly catch on to these arrows that are promoting false clicks for page and image gallery turning. What next Google? Naked ladies on your Adsense ads? How much are these new arrows costing companies in false ad clicks?
    http://bit.ly/15NS3Up

     

    3. Google has basically copied Bing's image library and has joined in on displaying full sized copyrighted images. Basically stealing peoples copyrighted images right from their sites to give away. Beware. This may promote class action lawsuits against these search companies. Google seems not to care. Read more - http://bit.ly/12c6drQ

     

    4. With the new release of the new Maps, Google +, music, and the other updates, Google will be(big brother) tracking your internet moves even more now.

     

    If people truly knew what Google is doing to spike their stock price, they may think twice about owning it at these price levels.
    15 May 2013, 05:37 PM Reply Like
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