Friday, July 20, 2007

Most Wall Street Analysts Ignore Google Earnings Miss, Keep `Buy' Ratings

(Bloomberg) -- None of the 34 Wall Street analysts
who have ``buy'' ratings on Google Inc. downgraded the world's
most-popular Internet-search engine after it reported profit that
missed their estimates.

Bear Stearns & Co. analyst Robert Peck was the only one who
took any action at all, cutting his price estimate for Google to
$550 from $600 and saying the stock may languish through the
summer.


Read more at Bloomberg Stocks News

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