GOOG: Morgan Stanley Ups Target to $932; Seizing More Ad Budgets
Shares of Google (GOOG) are up $11.77, or 1.5%, at $785.72 after Morgan Stanley‘s Scott Devitt this morning reiterated an Overweight rating on the stock and added it to the firm’s “Best Ideas List,” raising his price target to $932 from $843 on higher estimates reflecting “increased ad budget capture.” Devitt’s main thesis is that [...]
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