Option Millionaires

[madrose1]

Google price target raised to $1,500 from $1,350 at Bernstein <heh>


Bernstein raised Google's price target to $1,500 from $1,350 based o expectations search revenues will growth at least mid-to-high-teens rate for several years, headcount growth will slow resulting in opex leverage, and that immature and fast growing businesses such as YouTube, Google Play, Google Apps for Enterprise and Business and Google Compute will grow materially in value. Shares are Outperform rated.