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Stock Market & Financial Investment News

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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September 2, 2014
09:07 EDTLNKDLinkedIn price target raised to $250 from $225 at BofA/Merrill
BofA/Merrill raised LinkedIn's price target to $250 based on expected 2H catalysts that include ongoing new product investments, international expansion, and margin growth. Shares are Buy rated.
August 28, 2014
12:15 EDTLNKDLinkedIn management to meet with Piper Jaffray
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August 26, 2014
11:48 EDTLNKDLinkedIn management to meet with Piper Jaffray
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09:51 EDTLNKDOn The Fly: Analyst Initiation Summary
Cray (CRAY) initiated with a Buy at Stifel... Enphase Energy (ENPH) initiated with a Buy at Needham... FCB Financial (FCB) initiated with a Buy at UBS... FCB Financial initiated with an Overweight at JPMorgan... Goldman Sachs (GS) initiated with a Buy at MKM Partners... HealthEquity (HQY) initiated with a Neutral at RW Bair... Mobileye (MBLY) initiated with a Buy at Deutsche Bank... Mobileye initiated with a Neutral at Goldman... Mobileye initiated with a Neutral at RW Baird... Mobileye initiated with an Overweight at Barclays... RAIT Financial (RAS) initiated with an Outperform at JMP Securities... SunEdison (SUNE) initiated with an Outperform at FBR Capital... Mobileye initiated with an Outperform at Raymond James... Transocean Partners (RIG) initiated with an Overweight at Morgan Stanley... GT Advanced (GTAT) coverage resumed with an Overweight at Piper Jaffray... LinkedIn (LNKD) initiated with an Overweight at First Analysis... CSC (CSC) initiated with a Sector Perform at RBC Capital... United Natural Foods (UNFI) initiated with an Overweight at Stephens.
07:03 EDTLNKDLinkedIn initiated with an Overweight at First Analysis
Target $280.
August 21, 2014
16:46 EDTLNKDLinkedIn product head to leave company, effective October 3
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August 20, 2014
08:01 EDTLNKDAd spending on LinkedIn reportedly rising, says Pacific Crest
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August 19, 2014
10:32 EDTLNKDRumor: LinkedIn moves lower on speculation of a large investor short position

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