LinkedIn Gets Price Target Hikes Before Q4 Earnings

By | February 3, 2015

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LinkedIn (LNKD) received two price target hikes Tuesday, ahead of its fourth-quarter earnings due after the market close Thursday. Goldman Sachs raised its target price on LinkedIn stock to 280 from 250. It also upgraded its rating on LinkedIn stock to “conviction buy” from buy. Goldman Sachs analyst Heath Terry expects LinkedIn to report Q4 revenue of $634 million, which is above the consensus estimate of $617 million as polled by Thomson Scalper1 News

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