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Google Currently In Talks with LG on TV Service

Financial News Network
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January 15, 2012 AT 3:20 PM
Bloomberg reports that Google (NASDAQ:GOOG) may give LG Electronics first access to the next version of its Google TV software so LG can build a compatible set, according to two individuals with knowledge of the project.The deal would be similar to the one Google has with Samsung and HTC to create Nexus handsets for Android.Google (NASDAQ:GOOG) has potential upside of 16% based on a current price of $629.64 and an average consensus analyst price target of $730.3.