Monday, February 14, 2005

Google's Gallant Fan: "

"CIBC World Markets analyst Michael Gallant upgraded the search-engine phenomenon from sector performer to sector outperformer over the weekend and placed a $245 price target on the stock.

In his report, dated Sunday, Gallant says the roughly 31% upside implied (at Friday's closing price) to his price target contrasts with a 9% risk to his expected floor for the stock of $170."

Stock is trading at $188 now

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