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Google's share price target raised to $900

posted 826 weeks ago on BloggingStocks

Filed under: Analyst upgrades and downgrades, Google (GOOG)Google Inc.'s (NASDAQ: GOOG) share price has been on a roller coaster ride this year. Just over a month ago, the company's shares stood at their highest-ever level, reaching right under $750. In a month, shares settled down into the low $600s and closed yesterday right over $643. What a ride it has been -- from the $400s to the mid-$700s all in one year.So, it comes as no surprise that yesterday a Credit Suisse analyst has raised his price target on Google shares to $900, representing the highest official price target on Wall Street. The reasons behind the target include the usual suspects: Google will realize gains as advertisers move increasingly online. Yes, that makes sense.The unknown is the amount Google will grow based on th

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