Form 8-K LINKEDIN CORP For: Jul 31
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Cowen Boosts PT, Comments on LinkedIn (LNKD) Following Q2 'Beat and Raise'
August 1, 2014 6:57 AM EDTCowen and Company boosts its price target on LinkedIn (NYSE: LNKD) from $175 up to $195 and maintains a Market Perform rating following Q2 results.
Analyst John Blackledge noted that LinkedIn's Q2 revs of $534 million and EPS of $0.51 topped his expectations ($505 million and $0.39, respectively).
Blackledge offered the following commentary:
with our estimate. Two-thirds of members are int'l and this cohort is growing rapidly, propelled by the launch of the simplified Chinese site last February and has become the fastest growing... More
LinkedIn (LNKD) Tops Q2 EPS by 12c; Guides Above the Street
July 31, 2014 4:03 PM EDT(Updated - July 31, 2014 4:05 PM EDT)
LinkedIn (NYSE: LNKD) reported Q2 EPS of $0.51, $0.12 better than the analyst estimate of $0.39. Revenue for the quarter came in at $534 million versus the consensus estimate of $511.03 million.
LinkedIn delivered strong financial results in the second quarter while maintaining investment in our... More
