Canaccord Genuity Maintains a 'Buy' on LinkedIn (LNKD); Positive Investor Meeting
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Price: $195.96 --0%
Rating Summary:
10 Buy, 30 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
10 Buy, 30 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Canaccord Genuity maintains a 'Buy' on LinkedIn (NYSE: LNKD) price target of $135.00.
Analyst, Michael Graham, said, "We hosted a series of investor meetings with LinkedIn’s head of investor relations, Matt Sonefeldt. We believe operating momentum remains strong, and that 2012 should mark a transition to more clarity surrounding the large potential future size of the company as management builds large businesses that leverage the LinkedIn member base. We believe growth should remain strong, long term margin potential should improve, and option value of future potential businesses should continue to grow."
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 $104.95 yesterday.
Analyst, Michael Graham, said, "We hosted a series of investor meetings with LinkedIn’s head of investor relations, Matt Sonefeldt. We believe operating momentum remains strong, and that 2012 should mark a transition to more clarity surrounding the large potential future size of the company as management builds large businesses that leverage the LinkedIn member base. We believe growth should remain strong, long term margin potential should improve, and option value of future potential businesses should continue to grow."
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 $104.95 yesterday.
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