LinkedIn (LNKD) Reports In-Line Q1 EPS; Guides FY15 EPS Below Views
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Argus upgraded LinkedIn (NYSE: LNKD) from Hold to Buy with a price target of $280.00 after the 18% sell-off on May 1 following lower 2015 guidance due to poor sales execution, currency headwinds, and dilution from the pending lynda.com acquisition.
"While LinkedIn may... More
LinkedIn's (LNKD) Price Target Trimmed at Pacific Crest on Weak Q1, Analyst Maintains Overweight RatingMay 1, 2015 8:51 AM EDT
Pacific Crest maintained an Outperform rating on LinkedIn (NYSE: LNKD) and lowered its price target to $250.00 (from $295.00). Shares of LinkedIn collapsed after the company reported weak Q1 results. Analyst Evan Wilson lowered estimates on the company, but he remains a buyer.
Evercore ISI analyst Ken Sena lowered his price target on LinkedIn (NYSE: LNKD) to $250.00 (from $290.00) following in-line Q1 and lower guidance. The analyst reiterated his Buy rating saying the effects of Lynda, FX and other one-times caused the disappointment.
Sena commented, "LinkedIn missed 2Q expectations and took its FY guidance down despite an additional... More
Credit Suisse analyst S. Ju lowered its price target on LinkedIn (NYSE: LNKD) to $307.00 (from $331.00) following Q1 results and weak guidance but maintained an Outperform rating.
The firm's FY15 estimates for revenue/adj. EBITDA/EPS are now $2.85b/$615m/$1.67 vs. prior... More
Wunderlich Securities analyst Blake Harper cut his price target on LinkedIn (NYSE: LNKD) to $260.00 (from $300.00) following Q1 result and weak guidance but maintained a Buy rating on long term potential.
Harper commented, "LinkedIn Corporation (LNKD) reported good Q1 results that were... More
LinkedIn (LNKD) Guidance Related to Both Transitory and Core Impacts, SunTrust's Peck Says; PT Cut to $250May 1, 2015 7:13 AM EDT
SunTrust Robinson Humphrey analyst Robert Peck reiterated his Buy rating while lower his price target on LinkedIn (NYSE: LNKD) to $250.00 (from $275.00) following in-line Q1 and lower guidance.
Pecks Points. What happened? "1) LinkedIn delivered "in-line" results for 1Q vs. street (ex FX revs up 38% and 26.5% margins would have been in-line with the high end of... More
Piper Jaffray's Munster Cuts Numbers on LinkedIn (LNKD) Amid Lower Outlook But Keeps 'Overweight'; 'This Too Will Pass'May 1, 2015 7:06 AM EDT
Piper Jaffray analyst Gene Munster cut his price target on LinkedIn (NYSE: LNKD) to $246.00 (from $297.00) following results and weak guidance after the close but maintained his Overweight rating.
Munster commented, "LinkedIn reported Mar-15 essentially inline with the Street, but guided down 2015 adjusted... More
Cantor Fitzgerald analyst Youssef Squali lowered his price target on LinkedIn (NYSE: LNKD) to $245.00 (from $180.00) following soft guidance after the close. However the firm is maintaining its Buy rating.
Squali commented, "LinkedIn met consensus estimates for 1Q:15 with solid underlying user metrics,... More
RBC Capital analyst Mark Mahaney lowered his price target on LinkedIn (NYSE: LNKD) to $275.00 (from $300.00) following Q1 results and weak guidance after the close. The firm maintained an Outperform rating.
The key's to the quarter, according to Mahaney:
1) Revenue Growth Deceleration... More
Brean Capital analyst Sarah Hindlian reiterated a Sell rating and cut her price target on LinkedIn (NYSE: LNKD) to $172.00 (from $208.00) following results and weak guidance after the close. The analyst believes core business are slowing and remains concerned about the back half of the year.
Hindlian commented, "LinkedIn reported results and guidance that... More
FBR Capital analyst William Bird reiterated a Market Perform rating and cut his price target on LinkedIn (NYSE: LNKD) to $180.00 (from $211.00) following Q1 results and weak guidance.
Analyst William Bird commented, "LNKDs 2Q15 and 2015 guidance were materially below the Street on revenue,... More