Goldman Sachs Maintains a 'Buy' on LinkedIn (LNKD); Raising Numbers on Strong Core Growth
Tweet Send to a FriendGet Alerts LNKD Hot Sheet
Price: $182.35 +0.55%
Rating Summary:
18 Buy, 14 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
18 Buy, 14 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade LNKD Now!
Goldman Sachs maintains a 'Buy' on LinkedIn (NYSE: LNKD) price target of $157.00 (from $150.00).
Analyst, Heath P. Terry, said, "We continue to believe that LinkedIn is the best secular growth opportunity in the space. We believe valuation concerns will largely fade as estimates are revised higher on the success of the existing business lines and new revenue streams, like Sales Navigator, that come from leveraging the network."
"2012 revenue goes to $931mn and non-GAAP EPS to $0.70 from $897mn and $0.61, while 2013 increases to $1,558mn and $1.88 from $1,471mn and $1.42 and 2014 goes to $2,302mn and $2.63 from $2,099mn and $1.97."
For an analyst ratings summary and ratings history on LinkedIn click here. For more ratings news on LinkedIn click here.
Shares of LinkedIn closed at $93.51 yesterday, with a 52 week range of $55.98-$120.63.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Analyst, Heath P. Terry, said, "We continue to believe that LinkedIn is the best secular growth opportunity in the space. We believe valuation concerns will largely fade as estimates are revised higher on the success of the existing business lines and new revenue streams, like Sales Navigator, that come from leveraging the network."
"2012 revenue goes to $931mn and non-GAAP EPS to $0.70 from $897mn and $0.61, while 2013 increases to $1,558mn and $1.88 from $1,471mn and $1.42 and 2014 goes to $2,302mn and $2.63 from $2,099mn and $1.97."
For an analyst ratings summary and ratings history on LinkedIn click here. For more ratings news on LinkedIn click here.
Shares of LinkedIn closed at $93.51 yesterday, with a 52 week range of $55.98-$120.63.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Morgan Stanley Says Tesla (TSLA) 'Top Pick in U.S. Autos'
- Needham & Company Remains on Sidelines wth Applied Materials (AMAT) Post Q2
- UPDATE: Leerink Swann Upgrades Bristol-Myers Squibb Co. (BMY) to Outperform
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT ChangeRelated Entities
Goldman Sachs
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
