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Google Euphoria Continues

Andy Beal
Expert Author
Published: 2004-11-24

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Just when you though Google's stock was heading for sub-$150, Goldman analyst Anthony Noto initiates coverage on Google with an "outperform" rating and a price target of $225.

$225?!? Kind of high considering that Noto forecasts that Google's earnings per share will enjoy compound annual growth of about 25% from 2006 through 2009.

That figure is also a lot less than the 50% growth predicted by CSFB and their target price was just $145!

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About the Author:
Considered one of the worlds most respected interactive and search engine marketing experts, Andy has worked with many Fortune 1000 companies such as Motorola, CitiFinancial, Lowes, Alaska Air, DeWALT, NBC and Experian.

You can read his internet marketing blog at Marketing Pilgrim and reach him at andy.beal@gmail.com.

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