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News Breaks
March 26, 2014
13:08 EDTLNKDLinkedIn climbs after firm calls shares attractive
Shares of LinkedIn (LNKD) are advancing after research firm Susquehanna advised investors to buy the stock following its recent decline. WHAT'S NEW: The recent underperformance of LinkedIn's stock creates a good entry point, Susquehanna analyst Brian Nowak wrote in a note to investors earlier today. LinkedIn's revenue is poised to accelerate, and it should report stronger than expected results going forward, the analyst predicted. Moreover, the concerns that have weighed on the stock are overblown, Nowak believes. He kept a $280 price target and Positive rating on the shares. WHAT'S NOTABLE: Another research firm, RBC Capital, last month upgraded its rating on LinkedIn to Outperform from Sector Perform. RBC cited several reasons for the upgrade, including what it saw as the company's strong competitive position and positive acquisitions. The firm raised its price target on the shares to $250 from $225. PRICE ACTION: In early afternoon trading, LinkedIn climbed $3.80, or 2%, to $188.
News For LNKD From The Last 14 Days
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November 17, 2015
07:56 EDTLNKDUBS to hold a conference
Global Technology Conference is being held in San Francisco on November 16-18 with webcasted company presentations to begin on November 17 at 10:45 am.; not all company presentations may be webcasted. Webcast Link
November 16, 2015
12:04 EDTLNKDLinkedIn management to meet with Needham
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