Google Stock Price Upgraded to $800 at Canaccord Genuity (Nasdaq: GOOG)
We've been trading Google long and short intraday going into the earnings report yesterday. We exited our call options with a nice profit and we went into the conference call with both calls and puts.
Google didn't get the pop it did last earning's season, current Google Stock is trading at $635.90 up $9.13 on 1,952,820 shares.
Canaccord Genuity raises their GOOG tgt to $800 from $750 saying Google showed the kind of accelerating growth that they expect to continue as ad dollars shift online. Moreover, Google continues to gain share in search as mobile drives significant growth in usage, and display becomes more meaningful.