Google’s YouTube Said Poised For Higher Growth

By | July 10, 2015

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Search leader Google (GOOGL) got a price target boost on Friday from Credit Suisse, which expects the company’s YouTube video service had higher-than-expected growth in Q2. But Credit Suisse analyst Stephen Ju lowered his revenue Q2 estimates for the Google Play app store, in part due to foreign exchange headwinds. Credit Suisse boosted its price target on Google stock to 700 from 690 while maintaining its outperform rating. Google is set to Scalper1 News

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