Is Google Headed for $630?

A widely watched analyst again boosts his target on Google. Investors don't grasp how far beyond search the Internet giant will grow, he says

A year ago to the day, prominent Internet analyst Safa Rashtchy drew headlines and wonder by predicting Google would hit $600 a share in 2006. That wasn't exactly the case, as the Mountain View (Calif.) company rose about 6% to close the year at $460.48. Now, in what's becoming an annual tradition, on Jan. 3 Rashtchy has again hiked his target on Google (GOOG), this time to $630 per share.

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