Linkedin (LNKD) Tops Q3 EPS by 11c

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Canaccord Genuity Lifts Target on LinkedIn (LNKD) After Strong Q3

November 2, 2012 8:47 AM EDT

Canaccord Genuity boosted its price target on Buy-rated LinkedIn (NYSE: LNKD) from $135 to $140 following strong Q3 results.

The analyst comments: "LinkedIn reported a solid beat on the top line with roughly 100% of the upside falling to the EBITDA. Not bad! An accelerated pace of... More