Remember the heady days of 2012,
when analysts would issue price targets in above $1,111 on
Apple (
AAPL) shares and everybody took them seriously? Well those days may be gone for Apple, but
Business Insider notes that Street analysts have picked a new golden goose to bless (or curse) with sky-high price targets:
Google (
GOOG). CLSA was the first to get in on the action by raising its target to $1,000 based on Google’s “ability to charge more for clicks on its ads,”
Business Insider writes. And
per Forbes, Bernstein Research analyst Carlos Kirjner has also raised his price target to $1,000 because he thinks that “mass adoption of smart phones, tablets and the mobile Web is a large value creation opportunity for Google.”
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