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To: Trumptown who wrote (306319)5/3/2005 2:36:27 PM
From: Teri Garner  Respond to of 436258
 
11:21 GOOG Google upgrade details (224.72 +2.43)

-Update- As mentioned at 10:16, UBS upgraded GOOG to Buy from Neutral and raised their tgt to $275 from $220. Firm cites the following rasons: 1) compelling valuation; 2) new product catalysts, such as super browser and other new high-potential products; 3) large companies are increasing online ad budgets; 4) GOOG's acceptance of brand advertising and site targeting; and 5) robust int'l growth, particularly in Europe.