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Technology Stocks : Alphabet Inc. (Google) -- Ignore unavailable to you. Want to Upgrade?

To: GVTucker who wrote (807)2/7/2005 11:05:10 AM
From: redfish  Respond to of 15857
 
I agree that GOOG is not unique in this respect, but by placing a target 30% above the current price an analyst is in effect saying "all the free money you want! get your unlimited free money right here!"

But I agree that they do it for pretty much all the stocks, otherwise how could they sell them.



To: GVTucker who wrote (807)2/7/2005 11:16:21 AM
From: olivier asser  Respond to of 15857
 
The target is sticking their neck out because of the stock's rocketing price already. But more than the target what makes an impression are the earnings estimates. Like I said, at 5.67 for GOOG to be valued as EBAY is right now - even after its 40% correction - GOOG would be trading at close to 400.


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