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- S&P 500, Nasdaq futures tick up as tech steadies, Micron earnings eyed
- Brent extends losses on expectations of smoother crude flows via Hormuz
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Needham Starts NeoVolta (NEOV) at Buy
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- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Cowen Downgrades LinkedIn (LNKD) to Market Perform; Strong Q4 Overshadowed by Weak Outlook
February 5, 2016 6:14 AM ESTCowen and Company downgrades LinkedIn (NYSE: LNKD) from Outperform to Market Perform and slashed its price target from $272 down to $140 following Q4 results and FY16 outlook issued Thursday night.
Analyst John Blackledge commented, LNKD's better 4Q15 was completely overshadowed by a much worse-than-expected '16 topline guide ~8% below est's into the print. Management. guidance implies a significant deceleration in... More
