Google Inc is the best placed of any company to benefit from the shift to mobile, increased local advertising and wear-ables, analysts said after the search giant posted its 18th straight quarter of 20 percent -plus revenue growth.
At least eight brokerages raised their price targets on the stock on Friday by as much as $75, to a high of $745.
Google shares were up 2 percent at $593.37 in early trading on the Nasdaq.
The company, which is also set to benefit from the so-called "internet of things", said on Thursday that second-quarter revenue rose 22 percent to $15.96 billion, beating the average analyst estimate of $15.61 billion.
At least eight brokerages raised their price targets on the stock on Friday by as much as $75, to a high of $745.
Google shares were up 2 percent at $593.37 in early trading on the Nasdaq.
The company, which is also set to benefit from the so-called "internet of things", said on Thursday that second-quarter revenue rose 22 percent to $15.96 billion, beating the average analyst estimate of $15.61 billion.
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