Friday, October 15, 2010

Google Crushes 3rd Quarter.

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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