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Google (GOOG) Target Raised to $1100 at UBS
October 18, 2013 11:13 AM EDTUBS maintained a Buy rating on Google (NASDAQ: GOOG) and raised its price target to $1,100.00 (from $1,020.00).
"Throughout Q3 2013, investors were increasingly concerned about the impact of Google's Enhanced Campaign and Product Listing Ad (PLA) transition for its core advertising business," said analyst Eric... More
Google (GOOG) Target Raised to $1220 at Deutsche Bank
October 18, 2013 8:11 AM EDTDeutsche Bank maintained a Buy rating on Google (NASDAQ: GOOG) and raised its price target to $1,220.00 (from $970.00). Analyst Ross Sandler thinks 2014 will be a good year for Google.
"Google reported core net revenue and EPS that were 3% and 4% above consensus, a result of... More
Google, Inc. (GOOG) Tops Q3 EPS by 40c
October 17, 2013 4:02 PM EDT(Updated - October 17, 2013 4:07 PM EDT)
Google, Inc. (NASDAQ: GOOG) reported Q3 EPS of $10.74, $0.40 better than the analyst estimate of $10.34. Revenue for the quarter came in at $14.89 billion versus the consensus estimate of $14.79 billion.
Ex-TAC revenue was $11.92 billion, versus $11.64 billion expected.
Key highlights from the quarter:
Google Segment Revenues Google segment revenues were $13.77 billion, or 92% of consolidated revenues, in the third quarter of 2013, representing a 19% increase over third quarter 2012 Google segment revenues of $11.53 billion.
* Google Sites Revenues Google-owned sites generated segment revenues of $9.39 billion, or 68% of total... More
