Mahaney, you SOB! :) I kid, of course. He upgraded the stock today, and its up $10. I completely agree with him. In fact, I think his price target might be $30 lower than where I expect it to go if they produce solid numbers this quarter, which I am expecting.
Thing is, without the upgrade Google should have seen its 8SMA today, to which I would have entered a light common stock position, to ride into earnings. (Then play earnings with a few call options, which I still plan to do regardless.)