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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,
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To: StockDung who wrote (90876)2/14/2005 9:59:13 AM
From: rrufff  Read Replies (2) of 122087
 
CIBC World Markets raised its rating on Google (GOOG) to "sector outperform" from "sector perform," saying it's now less concerned with the competitive threat posed by MSN. The broker said it sees potential upside to $245 in the shares. CIBC said it's now more bullish about the domestic search market's growth outlook in 2005 and 2006, "even without a significant ramp in local search spending." CIBC said "great brands are tough to displace, Google is innovating the fastest..."
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