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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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From: TH	11/23/2004 5:47:02 PM
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Now here is a signal to get short. GT TH * * * Google up after higher price target set Goldman Sachs' Noto sees $7 billion revenue by 2009 By Christopher Noble, CBS MarketWatch.com Last Update: 5:36 PM ET Nov. 23, 2004 SAN FRANCISCO (CBS.MW) -- Shares of Internet search giant Google Inc. rose in evening trading Tuesday after investment bank Goldman Sachs started coverage of the company with a price target of $215 on the stock. Goldman price target pushes Google up after hours Google gets $215 price target from Goldman Intel extends declines as other tech stocks follow More news for GOOG Google (GOOG: news, chart, profile) rose 5.2 percent to $176.22 after Goldman initiated coverage of Google with a $215 per share price target. Analyst Anthony Noto wrote that he expects Google to generate $7 billion in sales in 2009 and grow annual profits by 25 percent over the next three years. See full story. more... marketwatch.com

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