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Fly News Breaks for March 10, 2015
LNKD
Mar 10, 2015 | 08:13 EDT
After LinkedIn expanded into off-site ads.Pacific Crest believes that the company is "uniquely positioned" to serve the B2B online ad market, given the large amount of data it has. The firm believes that the market is underestimating LinkedIn's opportunity in this area. Pacific Crest raised its price target o n the name to $295 from $275 and keeps an Outperform rating on the shares.
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