Evercore Raises PT on LinkedIn (LNKD) Following Q2 Results; Underlying Ops Still Strong
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- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
- Jabil falls after placing CEO on paid leave amid internal investigation
- Frontier Communications (FYBR) says third party had gained unauthorized access to portions of its information technology environment
- Ibotta (IBTA) Prices 6.56M Share IPO at $88/sh
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
LinkedIn (LNKD) Shares Worth $275, Thinks Goldman Sachs
August 2, 2013 11:14 AM EDTGoldman Sachs maintained a Buy rating on LinkedIn (NYSE: LNKD) and raised its price target to $275.00 (from $210.00). The change follows strong Q2 results and subscription growth. Analyst Heath P. Terry thinks guidance is conservative.
"We believe the long term trajectory of existing businesses and... More
LinkedIn (LNKD) Worth Chasing, Cantor Fitzgerald Upgrades to Buy
August 2, 2013 6:53 AM EDTCantor Fitzgerald upgraded LinkedIn (NYSE: LNKD) from Hold to Buy with a price target of $250.00 (from $170.00). Analyst Youssef Squali thinks LinkedIn is a stock worth chasing.
"While we don't like chasing runaway stocks (and LNKD has certainly been one),... More
Linkedin (LNKD) Tops Q2 EPS by 7c, Q3 Rev Guidance Light, Boosts FY13 Outlook
August 1, 2013 4:07 PM EDTLinkedin (NYSE: LNKD) reported Q2 EPS of $0.38, $0.07 better than the analyst estimate of $0.31. Revenue for the quarter came in at $363.7 million versus the consensus estimate of $354.01 million.
Premium Subscriptions: Revenue from Premium Subscriptions products totaled $73.0 million, an increase of 68% compared to the second quarter of... More