LinkedIn Price Target Hiked After Strong Q3 Earnings

By | October 30, 2015

Scalper1 News

LinkedIn (LNKD) received several price-target increases after posting third-quarter earnings and fourth-quarter guidance late Thursday that both beat Wall Street expectations. LinkedIn stock was up 12%, at a six-month high near 243, in midday trading on the stock market today. LinkedIn reported revenue of $780 million, topping the consensus estimate of $755.8 million and up 37% from the year-earlier quarter. Earnings per share minus items of 78 Scalper1 News

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