Posted by Sean Doyle, October 15, 2010.
Google, Al Gore's second favorite technology company, posted better than expected 3rd quarter results last night. Earnings came in at $7.64 per share, much better than the $5.89 the search giant posted in the same quarter last year. Wall Street, as usual, is unfashionably late to the party with a slew of hasty upgrades by "savvy" analysts. Here's a few ups for shits and gigs:
RBC raises GOOG target to $690 from $600.
Oppenheimer raises GOOG target to $650 from $630.
Barclays raises GOOG target to $675 from $550.
UBS raises GOOG target to $720 from $685.
With Apple trading at all time highs and Google making its way there, Vide President Al Gore was heard to collapse in a delirious (for him) joy...
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