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Credit Suisse Raises Target on GOOG, Freddie Mac Posts $2B Loss

November 20th, 2007 - No Comments Yet

Let’s all just hope that the tech market holds and that the ever-weakening US Dollar helps our technology exports continue to rise. Credit Suisse has upgraded their price target for Google stock (GOOG) to $900 from $800. On the flip side, Freddie Mac posted a $2B loss in Q3 of 2007 and they are looking to raise capital. The reason this is really big news is that Freddie Mac doesn’t guarantee “sub prime” loans, they typically deal with “A” borrowers. Happy Thanksgiving.

[tags]Google, Stock Market, Freddie Mac, Loss, Mortgage[/tags]

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