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Brier Dudley's blog

Brier Dudley offers a critical look at technology and business issues affecting the Northwest.

May 31, 2006 at 10:58 AM

Google’s glorious growth

Steve Ballmer’s Wall Street roadshow hasn’t yet dimmed Merrill Lynch’s enthusiasm for Google.

The firm’s Internet analyst, Justin Post, today reiterated his $490 price target for Google stock and said the stock has “30% potential upside to our price objective as the company remains the dominant leader in search.”

Expect more financial news from Google. As a sort of counterpoint to Ballmer’s spiel, Google is having a conference call with investors today. Around 11 a.m. today the stock was up $2.93 to $374.88.

Comments | Topics: Google, Microsoft

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