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Tuesday, October 13, 2009

Google down a boardmember, but up in earnings?

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The news that Arthur Levinson, chairman of biotech giant Genentech, has resigned from Google, Inc. (NASDAQ: GOOG)'s board comes just days before search juggernaut is set to report earnings on Thursday, after the close of trading.

With Google shares trading at 12 month highs -- about $523 -- investors may not see much headroom left unless the search giant really blows out the quarter. Nevertheless, many Wall Street analysts are bullish on Google and are raising their price targets accordingly.

Continue reading Google down a boardmember, but up in earnings?

Google down a boardmember, but up in earnings? originally appeared on BloggingStocks on Mon, 12 Oct 2009 17:40:00 EST. Please see our terms for use of feeds.

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