S&P Downgrades Google To A Sell Thanks To Motorola Buy

S&P analyst Scott Kessler has downgraded Google to a sell from a buy thanks to its decision to buy Motorola. Below is Kessler’s appearance on CNBC just after he put out his report.

He says Google is “paying a premium price,” for a company that isn’t necessarily guaranteed to protect the Android ecosystem. He also says the integration will take “longer time than expected, degrading growth and margins.”