Google Inc looks set to extend its leadership in online
advertising as it sharpens its focus on its core business, analysts said after
strong ad sales helped the No. 1 search company report stronger-than-expected
quarterly revenue.
Google's shares, which closed at $1,135 ahead of the results
announcement on Thursday, opened about 3 percent higher after at least 12
brokerages raised their price targets on the stock to as much as $1,400.