Insightful analysis and commentary for the US and global equity investor
Contributors: Douglas McIntyre Jon C. Ogg

Previous Posts

Thursday, October 19, 2006

Cramer Raised Google Target to $560 from $500

Cramer touted his Google (GOOG) call with it essentially up $35 after-hours. Cramer even raised his price target on GOOG from $500 to $560, based on $14 per share in forward earnings and a 40Earnings Multiple. He even came out wearing GOOG in black marker on his forehead and had a Google heart tattoo drawn on his arm.

GOOG holders and employees have to wonder if they love Cramer as much as they should.

Jon C. Ogg
October 19, 2006

Powered by Blogger