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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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October 16, 2014
10:38 EDTLNKDLinkedin October volatility elevated into Q3 and growth outlook
Linkedin October weekly call option implied volatility is at 71, November is at 55, December is at 47, January at 44; compared to its 26-week average of 46 according to Track Data, suggesting large near term price movement into the expected release of Q3 results after the market close on October 30.

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