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Argus Upgrades LinkedIn (LNKD) to Buy; Issues Transitory

May 4, 2015 8:27 AM EDT

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