GOOG Target Upped to $580 @ Citigroup

08:22 GOOG Google tgt upped to $580 at Citigroup (431.65 )

Citigroup raises their GOOG tgt to $580 from $480 saying: extensive channel checks & sensitivity analysis support Q2 ests, cyclical and other factors point to 2010 EPS upside, and a "smartphone summer" and other datapoints highlight new mobile secular driver.

 

I do not understand any of that. I think I will avoid buying Google.

 

Shittygroup (bankrupt) needs to just go away.

 

Citigroup is a name you can trust. Do what they say.

 

A strong uptrend is in place - this name remains positive longer term.