Analysts Likely To Revisit Google Price Targets (GOOG)

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By Douglas A. McIntyre Updated Published

Now that Google (NASDAQ:GOOG) has crossed that $700 threshold, there are some analysts that are going to have to either raise thair targets or make other calls on the stock.  We noted before what a $700 GOOG stock is valued as.

Here was a full list of the Google price targets from analysts after they all raised estimates and targets, and we still want to know when the first $1,000 target will be issued from Wall Street.

The highest target at the time was $800, but it is growing quite obvious that some updated calls may already be in order.  Google has also been a beneficary of window dressing as today marks the year-end for most mutual funds.

The volatility is still fairly high with a $700 straddle for a November expiration still priced north of $36.00.

Jon C. Ogg
October 31, 2007

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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