Bright Future for Google Shares - Barrons.com --- " (GOOG: Nasdaq) By Susquehanna Financial ($588.99, Oct. 14, 2011) We reiterate our Positive stance on Google following strong third-quarter results exceeding both top- and bottom-line results. We are also raising the price target to $705 from $690 previously. Google (ticker: GOOG) posted strong third-quarter results across the board with stronger top- and bottom-line by a decent margin. Contribution from higher-search volume drove better top-line upside and flowed through to the bottom-line with better cost controls. As highlighted by Larry Page on the call, third-quarter results were gangbusters - strong top/bottom-line, with net revenue coming in at $7.5 billion (8.6% quarter-over-quarter) versus Street/our estimates at $7.2 billion/$7.4 billion (we were Street high at 7.6% quarter-over-quarter). Bottom-line earnings per share were reported at $9.72, significantly better than the Street/our estimates at $8.74/$8.92. The 28% paid click growth in the third quarter was the highest paid click growth reported since the fourth-quarter of 2007 on our estimates. While there is likely a mix shift coming from more mobile searches, international and AdSense partners, the paid click growth was impressive."