“To separate analysts posted reports this morning, arguing that Google‘s stock will go to $1,000 per share.
CLSA said it moved its price target due to Google ability to charge more for clicks on its ads.
And here is Bernstein Research analyst Carlos Kirjner argument, via Forbes:
“We believe mass adoption of smart phones, tablets and the mobile Web is a large value creation opportunity for Google,” Kirjner writes in a research note. “In other words, we disagree with the most popular Google bear case….”
If you enjoy the content at iBankCoin, please follow us on Twitter
