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The Street does not seem to be troubled by this news, as GOOG shares are moderately higher in late-morning trading. With 20 of the 21 analysts covering GOOG rating it a "buy" or better, things are not looking positive for this search guru from a contrarian perspective. The company was the focus of a negative article in Barron's over the weekend that stated that GOOG shares held an "exceedingly rich valuation. |
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