Wells Fargo notes that Google has filed a court docket submitting and firm weblog detailing proposed options within the Justice Division’s search case. The corporate believes Google’s proposals depart little room for negotiating a settlement with the DOJ and certain assure an attraction and determination in 2-3 years. The excess will stay, however Wells sees no important court-imposed modifications to distribution relationships within the close to time period. The corporate has an Equal Weight score on the inventory with a price target of $187.
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