NEW YORK (AP) -- An analyst boosted her price target on Google Inc. Thursday morning in response to what she called positive data on the Internet portal's paid clicks. Susquehanna Financial Group analyst Marianne Wolk raised her price target on the Mountain View, Calif., company to $635 from $600, implying she expects the stock to rise 12 percent over Wednesday's $568.24 close.
I agree with Guitar though. It should pull back but this catalyst might make the stock a bit stronger than what the chart will suggest, IMO.