Shares of Google shot to a record high before the bell on Tuesday after Sanford C. Bernstein raised its price target on the stock to $850 from $720.

In trading before the Nasdaq open, the stock was up $10.48 at $736.13. It closed Monday at $725.65 after touching a record $730.23 in intraday activity. Google shares, which are the second-best performers in the S&P tech sector since September 30 with a gain of 28 percent, closed at $725.65.