February 04, 2013 at 10:45 AM EST
GOOG: BMO Cuts to Hold: Value Rotating Out; Moto Phones Potential Catalyst
Shares of Google (GOOG) are down $7.99, or 1%, at $767.61, after BMO Capital’s Daniel Salmon cut his rating on the shares to Market Perform from Outperform, and reiterated a $790 price target. Salmon was on CNBC just now, remarking that it’s still a fine holding for growth investors, but that some value investors who’ve [...]
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