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UBS Ups Google Price Target to $655

1:59 pm on Jul 10, 2007 (gmt 0)

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UBS Securities raised Google's (GOOG) 52-week price target to $655 per share from a previous estimate of $580. UBS expects Google to report an above consensus quarter when they announce on July 17.

Google shares are up 18% year-to-date. GOOG's market capitalization is $169 billion.

UBS Ups Google Price Target to $655 [tradingmarkets.com]