S&P Says Sell Google’s Shares After Motorola Deal

The AP via The Seattle Times: >S&P said Tuesday that while the acquisition would include a patent trove, that might not be enough to keep Google’s Android mobile operating software from encountering intellectual-property issues. It downgraded its rating on Google’s shares to “Sell” from “Buy.” S&P is all sorts of reactionary lately, ((It always it,…

The AP via The Seattle Times:

>S&P said Tuesday that while the acquisition would include a patent trove, that might not be enough to keep Google’s Android mobile operating software from encountering intellectual-property issues. It downgraded its rating on Google’s shares to “Sell” from “Buy.”

S&P is all sorts of reactionary lately, ((It always it, truthfully.)) but still they not only changed the rating but cut the price target by $200. That’s got to hurt.

Note: This site makes use of affiliate links where and when possible. These links may earn this site money when utilized. 

BECOME A MEMBER

Join Today, for Exclusive Access.


Posted

in

by