Google’s share price takes another hike following an inspirational announcement made by the infamous Canaccord Genuity Inc. Analysts of this firm has decided to set the price target of Google to $1400.
As everyone knows, influential stock market brokers can make or break a stock. So, was it just another speculative move made by the big Wall Street wolf? The facts state otherwise though. Google has really been wise in terms of strategic decision making. With a good earning number in its basket, Google is now ready to concentrate solely on its advertisement business.